Show Current Candlestick (SCC) Indicator Download for MetaTrader 5 – Free – [Trading Search]
The Show Current Candle (SCC) indicator is a price action tool for MetaTrader 5 that calculates the price movement of the current candle , from its highest to lowest price and displays this numerical value in blue on the upper left corner of the chart .
This tool allows traders to monitor real-time price movements of current candles and analyze price strength within their selected timeframe.
Show current candlestick indicator table
The table below outlines the key specifications of the Show Current Candlestick (SCC) indicator.
| Indicator categories: | Price Action MT5 Indicators Trading Aids MT5 Indicators Candlesticks MT5 Indicators |
| Platforms: | MetaTrader 5 Indicators |
| Trading Skills: | Elementary |
| Indicator Types: | Leading MT5 Indicators |
| Time frame: | Multi Time Frame MT5 Indicators |
| Trading Style: | Scalper MT5 Indicators Day Trading MT5 Indicators Fast Scalper MT5 Indicators |
| Trading Tools: | Forex MT5 Indicator Stock MT5 Indicator Commodity MT5 Indicator Forward MT5 Indicator Stock MT5 Indicator |
How this indicator works in bullish candles
In the 30-minute Brent crude oil chart , the Show Current Candle indicator displays a movement of 16 pips , representing the total price fluctuation within the bullish trend .
The movement is calculated based on the following formula from the lowest price to the highest price of the current candle.
Price action traders can use this data to perform detailed market analysis and assess the strength of price movements .
How this indicator works in bearish candles
In the 30-minute USD/JPY chart , the current candlestick indicator shows movement by 150 pips , indicating the distance and price movement within this time frame.
Traders can use this data to assess market volatility and perform detailed price action analysis .
Shows current candlestick indicator settings
The image below shows the customizable settings of the Display Current Candlestick indicator :
- TextPosition: Adjust the position where the indicator displays on the chart
- Clr: Customize the indicator color
Conclusion
The Show Current Candlestick indicator (SCC) is one of the Candlestick indicator for MetaTrader 5 Technical analysis . It allows traders to measure the price movement of the current candle in pips (Pips) .
The SCC Indicator is used to analyze price fluctuations in the current candle and display accurate, real-time information on the chart.
This tool enables traders to assess the strength of price movements in real-time and make better trading decisions based on this data.
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