DirectCandlesCounter_Candle - MetaTrader 5 Script - MT4/MT5 Resource
Direct candle counter indicator in the form of candles. If multiple one-way candles appear in succession, the indicator will draw the current candle with the color corresponding to the direction of the candle.
Figure 1. DirectCandlesCounter_Candle indicator
Attachment download
📎 directcandlescounter_candle.mq5 (23.73 KB)
Source: MQL5 #21390
DirectCandlesCounter_Candle - MetaTrader 5 script usage and filtering suggestions
DirectCandlesCounter_Candle - 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 only on titles or short-term profit descriptions.
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