Background Сandle_BrainTrend1_HTF - MetaTrader 5 Script - MT4/MT5 Resources
The indicator draws candlesticks on a larger time range using a color filled rectangle drawing_fill buffer. The rectangle is filled with color based on the value Brain Trends 1 indicator.
Depending on the trend direction, the body of the candlestick is colored blue or orange, and the shadow is colored lime or yellow.
This indicator requires the compiled indicator file BrainTrend1.mq5. Place it into terminal_data_folder\MQL5\Indicators\.
Attachment download
📎 braintrend1.mq5 (7.25 KB)
📎 backgroundcandle_braintrend1_htf.mq5 (16.81 KB)
Source: MQL5 #2127
Background Сandle_BrainTrend1_HTF - MetaTrader 5 script usage and filtering recommendations
Background Сandle_BrainTrend1_HTF - MetaTrader 5 script is a resource 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 on titles or short-term profit descriptions.
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