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Looking for a Candle Indicator

  • #1
  • First Post: May 30, 2012 12:54pm May 30, 2012 12:54pm
Greetings fellow Traders!

Does anyone know of an indicator that creates candlesticks? Now this might sound odd, since a candle chart already exists. I want it to be an indicator so that I can turn off candlesticks on specified TF's.

Example:

On TF's 1min - 1 Hr; I want to display heiken ashi candles, but from 4 Hr - Monthly; I want to display normal candles.

Any indicators that you can recommend? Or can it be created?

Any help would be much appreciated.

PiptheRipper
  • #2
  • May 30, 2012 2:24pm May 30, 2012 2:24pm
The quickest way is to just use the Visualization tab on the heiken ashi candles indicator. Click the TFs that you want it to show and leave the others blank.
  • #3
  • May 30, 2012 2:41pm May 30, 2012 2:41pm
Quoting flyer415
The quickest way is to just use the Visualization tab on the heiken ashi candles indicator. Click the TFs that you want it to show and leave the others blank.
Thanx for your reply. If I do that, then there will be no candles displayed on the TF's selected not to show heiken ashi candles. If I keep the normal candles on, then it overlays with the heiken ashi candles, which is what I don't want.

What I can do is the following:

1min - 1 Hr; Heiken Ashi visible and line graph on with the same colour as the background, making it not visible.

4 Hr - MN; Heiken Ashi not visible and I just switch to candle charts.

That pretty much solves it.

I still wonder if it's possible to create a indicator that displays normal candlesticks. That would save me some clicks.

Cool Runnings...
  • #4
  • May 30, 2012 2:53pm May 30, 2012 2:53pm
There are HA OHLC candlestick indicators. Use that instead and do what you suggested and save it as a template.

An example would be http://www.forexfactory.com/showthre...67#post4679967


Quoting PiptheRipper
Thanx for your reply. If I do that, then there will be no candles displayed on the TF's selected not to show heiken ashi candles. If I keep the normal candles on, then it overlays with the heiken ashi candles, which is what I don't want.

What I can do is the following:

1min - 1 Hr; Heiken Ashi visible and line graph on with the same colour as the background, making it not visible.

4 Hr - MN; Heiken Ashi not visible and I just switch to candle charts.

That pretty much solves it.

I still wonder if it's possible to create a indicator that displays...
  • #5
  • Last Post: May 30, 2012 3:33pm May 30, 2012 3:33pm
Quoting flyer415
There are HA OHLC candlestick indicators. Use that instead and do what you suggested and save it as a template.

An example would be http://www.forexfactory.com/showthre...67#post4679967
Thank you. I'll check it out. I think that will solve it.

Cool runnings...
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