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NEW!! - Candle Aggregation indicator

  • #61
  • Oct 1, 2009 12:51am Oct 1, 2009 12:51am
Quoting Tingkill
hello..thank you for this very nice indicator,,but the problem is it cannot be used in the 5 minute time frame,,only in 1 hour,,,can some one modify this indicator so that it can be used in 5 minute time frame pls?.....help is very much appreciated....
Try these indicators instead:
Custom Candle
Period converter
Dynamic candles

Hopefully one of these will work for you.
  • #62
  • Oct 1, 2009 5:59am Oct 1, 2009 5:59am
Quoting hanover
Try these indicators instead:
Custom Candle
Period converter
Dynamic candles

Hopefully one of these will work for you.
Great scripts and indicators... Best of the best

A million thanks...
  • #63
  • Oct 1, 2009 11:02pm Oct 1, 2009 11:02pm
Quoting allex2006
Great scripts and indicators... Best of the best

A million thanks...
Perhaps I should point out that I didn't write these indicators.

BTW, if you want to search for specific indicators, FF's search facility can help. You can also search in specific threads by clicking on the paper clip near the top right corner, and then click the 'Hide images' link - many of the links left should be indicators.

Here are some other good places to search:
http://www.forexfactory.com/showthread.php?t=62722 (more than 1,000 MT4 indicators)
http://www.forex-tsd.com (use their forum search facility)
http://codebase.mql4.com/ (use their forum search facility)
http://www.forexmt4.com/_MT4_Indicators/
http://www.xeatrade.com/trading/11.html


Miscellaneous useful links.......

For MT4 tips and techniques, see http://www.forexfactory.com/showthre...95#post1825195

Links to free technical analysis resources here: http://www.forexfactory.com/showthread.php?t=106577

Forex basics (lots, pips, leverage, spread, swap, etc) all explained here: http://www.forexfactory.com/showthre...85#post2285285

Forex articles: http://www.forexfactory.com/showthread.php?t=39892

Posts on market structure, brokers, market makers, etc:
-- Darkstar’s excellent thread on the structure of the FX market: http://www.forexfactory.com/showthread.php?t=7484 (read the first 7 posts in the thread)
-- Rusty Forexman on market makers: http://www.forexfactory.com/showthread.php?t=5809 (poster used to work at large Australian investment bank)
-- Igrok on Dealers vs Clients: http://www.forexfactory.com/showthread.php?t=20253 (explains how market makers cheat their clients)
-- FXopportunist on Market Makers vs ECNs: http://www.forexfactory.com/showthread.php?t=8046
-- Gaston on FX market basics: http://www.forexfactory.com/showthre...84#post2522584

Approx 70 different MT4 brokers listed here: http://www.100forexbrokers.com/mt4forexbrokers
  • #64
  • Edited 1:41am Oct 2, 2009 1:17am | Edited 1:41am
Thank you Hanover.

It is very important articles and links.

Very interesting topic - Dealers vs. clients. (Disconnecting internet-based trading platform at the moments of increased market volatility or just freezing it for a while.) I continue to read ...

More than 1000 indicators - this is very much ...

I'm using four indicators:

1 FFCal (forexfactory.com)
2 THV InfoPanel (forexfactory.com)
3 DynamicCandles (forexfactory.com)
4 BetterVolume (forex-tsd.com)


Thanks again for the excellent information...
  • #65
  • Edited 5:07am Oct 2, 2009 2:41am | Edited 5:07am
Quoting hanover
Try these indicators instead:
Custom Candle
Period converter
Dynamic candles

Hopefully one of these will work for you.
thank you hanover... dynamic candles sure works fine,,,hope other candle bars can be incorporated in the indicator.not just pin bar.example...upthrust bar,,no demand bar,,,stopping volume bar.in case you want some info in this kind of bars,just visit this thread.. http://www.forexfactory.com/showthread.php?t=157629
Attached File(s)
File Type: ex4 DynamicCandlesV0.4.ex4   19 KB | 1,169 downloads
  • #66
  • Nov 8, 2009 4:37am Nov 8, 2009 4:37am
Quoting hanover
Try these indicators instead:
Custom Candle
Period converter
Dynamic candles

Hopefully one of these will work for you.
Hi Hanover,

please, could you help to shift my Daily chart for -7hours? I now you described this on other thread which is "dead" now. I tried your Candle Aggregator - it doesn't fit my task. I tried period convertor but when I change timeshift value - nothing happens. Look at picture where are H1 with periodcon, broker Daily and M1441 created by indicator charts. What's wrong?

J.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.JPG Size: 170 KB
  • #67
  • Nov 8, 2009 5:04pm Nov 8, 2009 5:04pm
Quoting JudyLA
Hi Hanover,.........
I don't know how to do this with Period Converter.

You might like to try Custom Candle (download it from the link above).

Attach it to (for example) a H1 chart, set TimeFrame = 1440, and adjust CustomCandleTimeShift accordingly. If you want to remove the H1 candles, press Alt-3 to switch to a line chart, and then (if necessary) remove the line by pressing F8 and setting the Line Graph color to None.

It does not work perfectly, but it's the best solution that I'm currently aware of.
  • #68
  • Nov 9, 2009 12:41pm Nov 9, 2009 12:41pm
Quoting hanover
I don't know how to do this with Period Converter.

You might like to try Custom Candle (download it from the link above).

Attach it to (for example) a H1 chart, set TimeFrame = 1440, and adjust CustomCandleTimeShift accordingly. If you want to remove the H1 candles, press Alt-3 to switch to a line chart, and then (if necessary) remove the line by pressing F8 and setting the Line Graph color to None.

It does not work perfectly, but it's the best solution that I'm currently aware of.
Thanks. I will try it.
Afterall I think periodcon works some way with my task but I had to close and reopen platform.
  • #69
  • Nov 13, 2009 1:34pm Nov 13, 2009 1:34pm
Quoting JudyLA
Hi Hanover,

please, could you help to shift my Daily chart for -7hours? I now you described this on other thread which is "dead" now. I tried your Candle Aggregator - it doesn't fit my task. I tried period convertor but when I change timeshift value - nothing happens. Look at picture where are H1 with periodcon, broker Daily and M1441 created by indicator charts. What's wrong?

J.
Try this version, just released by Pips4Life.

1. Attach the indicator to your H1 chart (e.g. EURUSD).

2. Make sure that the "Allow DLL imports" setting on the Common tab is checked ON (otherwise the chart will not update in real time).

3. Set the parameters as follows:

PeriodMultiplier = 24 (because 24 H1 charts = a D1 chart)
TimeShiftAdd_in_HptMM = –7 (shifts time backward 7 hours)

The other parameters need not be changed.

4. From MT4's dropdown menu, select Files....Open offline (or press Alt-F O). Select the chart called EURUSD–7H,Daily and click the Open button.

Repeat the process to create synthetic charts for other currency pairs.
  • #70
  • Apr 14, 2010 12:36pm Apr 14, 2010 12:36pm
Hello Hanover

Regarding to some basic counting and statistics using candles can you help me to build some simple indicators
i will give the idea but donot know any thing about programming

Some ideas
1- the HH indicator In N-candles ( Example: the highest High in last 8 candles ).

2- Consicutive N- HHs indicator ( if we select N=5 so it will show all candles( in group og 5s) that give HHs i a row in the whole chart ).

3- The highest candle range in last N-days

4- Candle that close in the lower 25% of its range / Or in its upper range
Thanx in advance
Regards
  • #71
  • Apr 14, 2010 9:48pm Apr 14, 2010 9:48pm
Quoting ahmedalhosenyy
Hello Hanover

Regarding to some basic counting and statistics using candles can you help me to build some simple indicators..........
I'm very sorry, I'm not currently taking on any more coding projects, for reasons and possible alternatives please see here.

I hope that you're able to find somebody else to do the work.

Good luck,
David
  • #72
  • May 12, 2010 8:59pm May 12, 2010 8:59pm
Quoting allex2006
Example Trade - [b]Dynamic candle (Bars from...

Anyone know where I can find this indicator which shows volume over the candle??
  • #73
  • Jan 4, 2018 10:04pm Jan 4, 2018 10:04pm
Are there any similar indicators for current mt4 versions? Thanks
  • #74
  • Jan 5, 2018 3:33am Jan 5, 2018 3:33am
Quoting micka
Are there any similar indicators for current mt4 versions?
.EX4 files should continue to work correctly on current MT4 builds.
Old .MQ4 files can be compiled/run by doing this.
  • #75
  • Jan 5, 2018 6:52am Jan 5, 2018 6:52am
Quoting hanover
{quote} .EX4 files should continue to work correctly on current MT4 builds. Old .MQ4 files can be compiled/run by doing this.
Thanks Hanover
  • #76
  • Last Post: Mar 28, 2019 9:50am Mar 28, 2019 9:50am
any update to V6? to fix the bug ?
To reach that level of determination is a matter of the will.
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