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Candlestick_Organizer_View
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=65375
Forum: 38 · Topic 65375 · 1 post(s)
Candlestick_Organizer_View
Apprentice · Sun Nov 19, 2017 4:05 pm
TS2/Lua version viewtopic.php?f=17&t=61101 Description: Doing this candlesticks organizer in MT4 was quite challenging. A replica of the chart candlesticks was made in a subwindow and then the “new chart” was generated following these rules:
If the current candlestick closes bearish, and the previous candle also closed bearish, the current one should be combined with the previous one > until a new bullish candle is formed and closes bullish. The same should be for bullish candlesticks.
The indicator can print the bullish/bearish bar right below the corresponding last bullish/bearish bar in the main chart or organize the presentation as a complete new chart.