Indior for scanning Forex time frames for candles
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Thread: Indior for scanning Forex time frames for candles

  1. #1
    esSNdb0
    Guest
    Has anybody noticed indior for MT4 that can scan after M1 candle close for particular candle from every time fame M1 MN1 for (I call this) big shadow candle and activate alert. For me this Big Shadow candle is when candle body (open lt; shut ) is larger than five previous candle body.

    Look at the picture to get better understanding what I mean.


  2. #2
    Bandiit

    searching for exactly the same indior as you. I treat those larger candles as'gap candles' (imbalance between demand and supply ).
    Hopefully someone can help us out.

  3. #3
    In mt4 its market facilitation index under invoice willi. Though it isnt bar specific you can readily find the difference in range.

  4. #4
    Quote Originally Posted by ;
    Has anybody noticed indior for MT4 that can scan following M1 candle close for specific candle out of every time celebrity M1 MN1 for (I call this) big shadow candle and activate alert. For me personally this Big Shadow candle is when candle body (open lt; close) is bigger than five preceding candle body. Consider the image to acquire better understanding what I mean. image
    Hi bandiit,im using the Fractals indior which u used in ur MT4 template,its very precision for my Swing trade in H1 time frame for 30-40 pips in every trade also Reliable Consistency.Its very useful for Scalping Traders!

  5. #5
    Quote Originally Posted by ;
    quote Hi bandiit,im working with the Fractals indior which u used in ur MT4 template,its very precision for my Swing trade in H1 time framework for 30-40 pips in every transaction also Reliable Consistency.Its very helpful for Scalping Traders! picture
    Hey, What's that indior you're using with all the circles on the highs and lows? And?

  6. #6
    Your candle - 0
    It has 4 parameters (O,H, C,L)
    5 preceding candles also have parameters.
    Once again what do you want to see?

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