Script for calculating candle statistics - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
This script calculates candle statistics (minimum, maximum and average of candle bodies and shadows) for the current chart.
The upper left corner of the chart shows calculated statistics for 3 groups of candles (bullish, bearish and all).
The calculation interval depends on the 5 first input parameters (the interval can also be selected using two vertical lines with names, defined in the input parameters).
How it works:
*If the chart contains only one line ("Name start line" or "Name end line"), or start time > end time or calculated bar < 0 - the script does nothing and completes its work.
Other input parameters:
The code is commented.
Attachment download
📎 s_range.mq5 (21.84 KB)
Source: MQL5 #1842
Script for calculating candle statistics - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening recommendations
Script for calculating candle statistics - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. 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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