Thread: Master Candle

Hello everybody.

Could someone please make an indior that will demonstrate a? A master candle is a candle that's bottom and top engulf the next 4 or more candles. See pic.

The IB indior attached may be an easy alternative for someone to alter so it alarms as soon as the conditions are satisfied.

Cheers

https://www.forexsoutheast.asia/atta...1716190793.ex4
https://www.forexsoutheast.asia/atta...4477430885.mq4

Originally Posted by ;

To all, I appreciate your appreciation. =-RRB- ok juicyt, Here is version 2. I snapped in a few additional configurations. WaitForCandleClose if this is set to false, the lines will be drawn even when the last candle at the group hasn't close yet. The lines will probably be deleted as soon as the last candle makes the proposed master candle invalid. Many folks find this useful since it gives an earlier indiion so as to prepare. IgnoreWick Set this to true and you are going to find the effect you have just described in your post. SoundAlert This switches the awake off and on....

Hi zen really an excellent indior you've supplied and I made analysis on this foundation is quite good... one more option I tried but not able to come front. . So I went for one more indior....
The master candle has been detected a few n pubs on left side. . If it added one more authentic or false option with the master candles is discovered some n pubs on right side also along with left sides as it's... this is in addition... will be helpful

Originally Posted by ;

To all, I love your appreciation. =-RRB- ok juicyt, Here's version 2. I snapped in several additional configurations. WaitForCandleClose if that is set to false, the lines will be drawn when the last candle at the group has not close yet. The lines will probably be deleted as soon as the last candle makes the suggested master candle invalid. Many people find this useful since it provides an earlier indiion in order to prepare. IgnoreWick Set this to true and you are going to find the effect you have only described in your article. SoundAlert This switches the alert on and off....

Hi zen really a very good indior you've provided and I made analysis on this basis is very great... one more option I tried but unable to come back. . So I went for one more indior....
The master candle is detected a few n pubs on left side. . If it added one more authentic or untrue option with all the master candles is discovered a few n pubs on right side also along with abandoned sides as it's... that is also... will be helpful for more analysis