Mark candlesticks larger than specified size - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The indicator searches for candlesticks larger than the specified size and marks such candlesticks on the chart. It can also display an alert message once the current candlestick exceeds a preset size value. There are three tunable parameters:
Figure 1 Size 10, current column only.
Figure 2 Size 10, current bar only, alarm enabled.
Figure 3 Size 400, all bars.
Figure 4 Size 800, all bars.
Attachment download
📎 candle_size_alert.mq5 (4.59 KB)
Source: MQL5 #19784
Mark candlesticks larger than the specified size - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Mark candlesticks larger than the specified size - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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