Problems with Customcandle.mq4 | Forex Factory

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Problems with Customcandle.mq4

  • #1
  • First Post: Jan 12, 2008 9:56am Jan 12, 2008 9:56am
This indicator can draw higher TF candle on lower TF chart. For example, it draws 4h candle on 1h chart. But it starts drawing the (4h in my case) candle at the beginning of the day. I would like to use it to draw 4h EasternTime candle on my GMT+0 timeframe MT4 platform. So I need the 1st 4h candle of the day to start at 05:00GMT (00:00 ET) not at 00:00GMT.
Could anybody help me to change the code?

Thank you

MY
Attached File(s)
File Type: mq4 CustomCandle.mq4   8 KB | 4,880 downloads
  • #2
  • Jan 12, 2008 12:28pm Jan 12, 2008 12:28pm
I have added CustomCandleTimeshift variable. Hope someone will find it useful.
MY

Quoting MrYoyo
This indicator can draw higher TF candle on lower TF chart. For example, it draws 4h candle on 1h chart. But it starts drawing the (4h in my case) candle at the beginning of the day. I would like to use it to draw 4h EasternTime candle on my GMT+0 timeframe MT4 platform. So I need the 1st 4h candle of the day to start at 05:00GMT (00:00 ET) not at 00:00GMT.
Could anybody help me to change the code?

Thank you

MY
Attached File(s)
File Type: mq4 CustomCandle6.mq4   9 KB | 5,132 downloads
  • #3
  • Jan 15, 2008 12:34pm Jan 15, 2008 12:34pm
Thanks, MrYoyo.

It takes up less space than the CandleAggregator indicator. With the BGcandle=false, it's possible to see both the Custom Candles and the base candles clearly, on the same chart. Nice work!

David
  • #4
  • Nov 15, 2009 10:07pm Nov 15, 2009 10:07pm
Quoting MrYoyo
I have added CustomCandleTimeshift variable. Hope someone will find it useful.
MY
Thanks for the indicator, esp timeshift.
  • #5
  • Dec 3, 2009 3:21am Dec 3, 2009 3:21am
Thanks a lot for this indicator - the clearest one I've seen of this type. Is there any chance one of you kind coders could add the option of not having the labels? - when zoomed out the chart are quite difficult to read.

Many thanks again and thanks in anticipation,

dgrs
  • #6
  • Dec 3, 2009 10:13am Dec 3, 2009 10:13am
Quoting dgrs
Is there any chance one of you kind coders could add the option of not having the labels?
I am using the attached version and the only thing I see that resembles 'labels' are the Comments that display at the top left of the main window.
You can turn these off by setting ShowComments = FALSE.
This means that Comments printed by other indys/EAs will not be overwritten by CustomCandle.

However, this also means that the error messages

TimeFrame more than D1 is not supporting!!!
Period more than H4 is not supporting!!!
TimeFrame should be more or divisible by Mxxx

will no longer display, also.

BTW, have you seen Pips4Life's version of the PeriodConverter? It is now the best indy of this type, IMHO. Of course CC6 allows the display of candles in both TFs simultaneously, over the top of each other, if you prefer that.
Attached File(s)
File Type: mq4 CustomCandle6.mq4   9 KB | 3,575 downloads
  • #7
  • Edited 6:08pm Dec 6, 2009 5:31pm | Edited 6:08pm
[quote=hanover;3279608]I am using the attached version and the only thing I see that resembles 'labels' are the Comments that display at the top left of the main window.
You can turn these off by setting ShowComments = FALSE.]

I have now fixed my problem. In the charts properties I had object descriptions set to true - now false I have lost the labels which were messing up the appearance of my charts. I do like having the candles superimposed.

However, I see what you mean about the problems with it. Does anyone have any ideas how to fix this? Ideally I want to have an hourly chart with multiple longer time frame candles superimposed ontop - showing how previous candles are being retested. Just as Hanover's brilliant recent candles shows in the indicator window. Picture attached...

Many thanks for your help,

dgrs
Attached Image (click to enlarge)
Click to Enlarge Name: 6.gif Size: 25 KB
  • #8
  • Jan 23, 2010 12:51am Jan 23, 2010 12:51am
Can anyone modify the indicator to show weekly candles on lower time frames. It seems to only go up to the daily time frame. To keep things simple the sunday candle need not be included. Thanks.
  • #9
  • Feb 9, 2010 12:47pm Feb 9, 2010 12:47pm
Has anyone noticed that after every 30th overlay candle you get a single candle that knocks the shift out of sync ?

I'm using this on a 1hr chart to show the 4hr overlay but I'm getting some spurrious results.

Anyone else had this problem ? Any solution ?

thanks
  • #10
  • Aug 13, 2010 10:50am Aug 13, 2010 10:50am
Could someone implement a CountBar limit in the settings too?
Currently it draws plenty objects...
  • #11
  • Nov 4, 2010 8:59pm Nov 4, 2010 8:59pm
hey...


I've had this idea for an indicator for a while but don't really know how to make it. I thought of it after using customcandle for a little while.

It basically would use the same style as custom candle to draw a superimposed candle on top of any consecutive candles that move in the same direction. It wouldn't have anything to do with the time frames like custom candle, though. So it might be easier to make in that regard. Basically, the logic would only be concerned with whether or not there are multiple candles moving in the same direction.

I think this would be especially valuable if used with session data or something like markethours.mq4.

Anyone agree?

I might just start breaking down customcandle.mq4 and see if I can do it on my own. But maybe there's an expert out there who sees value in this and can do it in less than the two months it'll take me to do it!

Cheers

http://i.imgur.com/bSRdv.jpg
  • #12
  • Apr 20, 2012 2:16am Apr 20, 2012 2:16am
Is it possible to have an indicator make a custom candle in the sense that I want my 30min candles to start at 15min after the hour.
  • #13
  • Nov 25, 2014 11:29am Nov 25, 2014 11:29am
Quoting hanover
{quote} I am using the attached version and the only thing I see that resembles 'labels' are the Comments that display at the top left of the main window. You can turn these off by setting ShowComments = FALSE. This means that Comments printed by other indys/EAs will not be overwritten by CustomCandle. However, this also means that the error messages TimeFrame more than D1 is not supporting!!! Period more than H4 is not supporting!!! TimeFrame should be more or divisible by Mxxx will no longer display, also. BTW, have you seen Pips4Life's version...

Hey I was curious why this indicator customcandle6, has all these vertical lines ?
Attached Image (click to enlarge)
Click to Enlarge Name: multicandle.png Size: 104 KB
Learn, a forex trader must, unlearn and relearn he will.
  • #14
  • Nov 25, 2014 12:39pm Nov 25, 2014 12:39pm
Quoting COGSx86
{quote} Hey I was curious why this indicator customcandle6, has all these vertical lines ? {image}
Attached version works fine for me (see screenshot).
I'm running AxiTrader MT4 build 610 and Windows 7 Home Premium SP1.
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 122.png Size: 20 KB
Attached File(s)
File Type: ex4 CustomCandle6.ex4   8 KB | 1,805 downloads
  • #15
  • Nov 25, 2014 1:02pm Nov 25, 2014 1:02pm
Quoting hanover
{quote} Attached version works fine for me (see screenshot). I'm running AxiTrader MT4 build 610 and Windows 7 Home Premium SP1. {file} {image}

yes it does thank you haha
Learn, a forex trader must, unlearn and relearn he will.
  • #16
  • Dec 5, 2014 4:42am Dec 5, 2014 4:42am
The customcandle6 had bugs in it, this would occur http://prntscr.com/5dfbmh

So I got it fixed, works good now
Attached File(s)
File Type: ex4 CustomCandle7.ex4   8 KB | 3,048 downloads
Learn, a forex trader must, unlearn and relearn he will.
  • #17
  • Oct 3, 2015 9:44pm Oct 3, 2015 9:44pm
i have this problem
when i set the 'custom candle6-7' in the TEMPLATE
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 362 KB
  • #18
  • Last Post: Mar 23, 2022 2:21am Mar 23, 2022 2:21am
Quoting hanover
{quote} I am using the attached version and the only thing I see that resembles 'labels' are the Comments that display at the top left of the main window. You can turn these off by setting ShowComments = FALSE. This means that Comments printed by other indys/EAs will not be overwritten by CustomCandle. However, this also means that the error messages TimeFrame more than D1 is not supporting!!! Period more than H4 is not supporting!!! TimeFrame should be more or divisible by Mxxx will no longer display, also. BTW, have you seen Pips4Life's version...
Hi,

Thank you for sharing this indicator! Would it be possible to add a toggle/shortcut key to show/hide the HTF candles created by the indicator? TIA
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