KD1 well thanks the modification is finally done.
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I will code your EAs and Indicators for no charge
- #61,742
- Jun 10, 2023 9:44am Jun 10, 2023 9:44am
Software Developer and Music Producer
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- #61,743
- Jun 10, 2023 10:06am Jun 10, 2023 10:06am
I have an idea for an indicator which identifies certain candles that act as support and resistance and also show breakouts
So here we go
When we have an inside bar the bar that precedes it is called the Mother Candle the indicator that we want is similar to this but not the same, we'llAttachment gname it the Control Candle.
When price is rising we are looking for a bullish Control Candle when price is falling we are looking for a bearish Control Candle
So what is a Control Candle
When price is rising the last high bullish candle where any following candles cannot break and closeAttachment g from its range is a Control Candle
The difference between a Mother Candle and a Control Candle is that a Mother Candle must engulf the inside bar ( ie the wicks should be within its range) but a Control Candle doesn't.
After a Control Candle is identified the following candles wicks can be above or below the Control Candle and it is only when there is a break and close above or below the wicks of the Control Candle that we have a breakout.
On the attached chart I have highlighted the Control Candles with a red tick and the breakouts with a yellow arrow.
The indicator should place an extended rectangle or high and low line on the Control Candles high and low wick and then place an arrow on on the breakout candle.
It would also be useful if we could make this multi time frame so that we could see the Daily ,4 Hourly, Hourly Control Candle on the lower timeframes.
Cheers Eamonn.
Attachment g 
So here we go
When we have an inside bar the bar that precedes it is called the Mother Candle the indicator that we want is similar to this but not the same, we'llAttachment gname it the Control Candle.
When price is rising we are looking for a bullish Control Candle when price is falling we are looking for a bearish Control Candle
So what is a Control Candle
When price is rising the last high bullish candle where any following candles cannot break and closeAttachment g from its range is a Control Candle
The difference between a Mother Candle and a Control Candle is that a Mother Candle must engulf the inside bar ( ie the wicks should be within its range) but a Control Candle doesn't.
After a Control Candle is identified the following candles wicks can be above or below the Control Candle and it is only when there is a break and close above or below the wicks of the Control Candle that we have a breakout.
On the attached chart I have highlighted the Control Candles with a red tick and the breakouts with a yellow arrow.
The indicator should place an extended rectangle or high and low line on the Control Candles high and low wick and then place an arrow on on the breakout candle.
It would also be useful if we could make this multi time frame so that we could see the Daily ,4 Hourly, Hourly Control Candle on the lower timeframes.
Cheers Eamonn.
Attachment g
- #61,746
- Jun 10, 2023 10:56am Jun 10, 2023 10:56am
- Joined Apr 2017 | Status: Trader | 1,132 Posts
[quote=jblanked;14456564]Hey guys!! Hope you all have been blessed Got married last week and just got back from honeymoon. Now I’m back and ready to help out 
Before I was strictly helping with EAs, so I took some time to learn indicators in depth (especially in MT5). One thing I have noticed though, the same 3-5 people are the main ones requesting for help. I have seen one person alone request almost 100+ edits already lol. I’m not against helping others out, but maybe we should limit how many projects per person per month/week? And for those who constantly need edits, you should start your journey in learning to code. The coders here (including myself) are more than happy to help. You just need to make an effort and we can clear up any confusion. Here if you need any help, JBlanked[/quote
CONGRATULATIONS SIR!!!
Before I was strictly helping with EAs, so I took some time to learn indicators in depth (especially in MT5). One thing I have noticed though, the same 3-5 people are the main ones requesting for help. I have seen one person alone request almost 100+ edits already lol. I’m not against helping others out, but maybe we should limit how many projects per person per month/week? And for those who constantly need edits, you should start your journey in learning to code. The coders here (including myself) are more than happy to help. You just need to make an effort and we can clear up any confusion. Here if you need any help, JBlanked[/quoteCONGRATULATIONS SIR!!!
- #61,747
- Edited 2:38pm Jun 10, 2023 12:13pm | Edited 2:38pm
- Joined Nov 2009 | Status: Trader | 954 Posts
Hello everyone. If any one has any idea and trading strategy im ready to code it for you for free. I only code mql5 expert advisors.
Please look in your PM
Blindly following others will make you blind!
{quote} Damn, wish it was for mt4
{quote} MT5 is far more better than mt4. The optimization speed and integrated calendar events makes mt4 a total loser. I just coded one EA in mql4 and after realizing it doesn't support multi core optimization, uninstalled it. I will never go back to mql4 because of slow optimization speed. Without complete optimization any EA is risky in my opinion.
Blindly following others will make you blind!
hi coders and pros and fellow traders i have this repainting indicator in mq4 and i need it in mq5 i dont understand coding but it looks small and simple would anyone please put a little time on it and convert it ? thanks in advance i have another version of it if this one has any problem but the other one is a bit longer in code so tell me if that one is required {file}
