Candle Movement - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Dual Display: Automatically calculates and displays price changes in both points (below the candle) and percentage (above the candle).
Two measurement modes:
Close to Close (default): Compares the current candle's close to the previous candle's close to measure candle-to-candle volatility.
Close to Open: Compares the close and open prices of the same candle to measure its body size.
Flexible customization: Easily change the color of gains/losses and set a minimum point threshold (PipsLimit) to filter out unimportant changes.
Performance Optimization: Limit the number of historical bars to be processed (MaxBars) to ensure smooth operation of the indicator.
Input parameters:
CloseToClose: Set to true to compare to the previous candle, or false to measure the current candle.
PipsLimit: Display information only if the candle moves more than this number of pips.
DisplayLossColor: Price drop color.
DisplayGainColor: Gain color.
MaxBars: The maximum number of past bars that the indicator will calculate.
Attachment download
📎 CandleMove.mq5 (19.42 KB)
Source: MQL5 #64360
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