OHLC Candles with Extreme Live Price Tracking - MetaTrader 5 Script - MT4/MT5 Resource

Here is another OHLC candlestick chart to find the highest ask and lowest bid on each bar. It uses the highest price of the candle to record the highest sell price in that bar (top shadow), and uses the lowest price of the candle to record the lowest buy price in that bar (bottom shadow).

This way you will see some less obvious real quote volatility on the lower timeframes. It can help us understand where we really need to stop losses strictly and where we should not stop losses strictly.

Normal Candlestick Chart:

OHLC candlestick chart, tracking the highest/lowest price movement on each bar

v2 has been uploaded, this is an optimized version, CopyTicksRange is called outside the loop, thus reducing the frequency of function calls and reducing CPU load

Attachment download

📎 OHLC_Candles_with_max_tick_tracking.mq5 (3.65 KB)

📎 OHLC_Candles_with_extreme_tick_tracking_v2.mq5 (6.85 KB)

Source: MQL5 #64706