Master_Candle

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Master_Candle

Postby Apprentice » Thu Apr 10, 2014 5:54 am

Master_Candle.png

Master_Candle indicator will indicate all candles
These are followed by N candles contained within their range.
Master_Candle.lua
(3.03 KiB) Downloaded 778 times


The indicator was revised and updated
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Re: Master_Candle

Postby fxFox.mb » Fri Apr 25, 2014 5:30 am

Hi Apprentice,

once again I found a case where the mastercandle (Min engulf = 3) is not marked on the chart.
Today on EURAUD H1

Regards fxfox
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Re: Master_Candle

Postby Apprentice » Fri Apr 25, 2014 8:08 am

Please Re-Download, will do now.
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Re: Master_Candle

Postby fxFox.mb » Fri Apr 25, 2014 8:24 am

Apprentice wrote:Please Re-Download, will do now.

:D Thanks a lot - it works
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Re: Master_Candle

Postby Apprentice » Sun Jun 18, 2017 12:36 pm

The indicator was revised and updated.
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Re: Master_Candle

Postby tyros refa » Sat Jul 18, 2020 6:41 am

Hi Apprentice :)

Could you mofify a little this indicator, or add an option, with this condition:

* the body of at least one candle is inside the range of the previous candle.
* no matter the wicks, or the color of the bodies.

When this condition is ok on close, there is a valid master candle.

Thank you :)
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Re: Master_Candle

Postby Apprentice » Sun Jul 19, 2020 5:07 pm

Your request is added to the development list.
Development reference 1723.
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Re: Master_Candle

Postby chai88888 » Mon Jul 20, 2020 12:30 am

hi there can you make a strategy base on this indicator.

open a trade on the breakout live or end of turn
stop loss is place on the opposite line of the breakout
limit is place based on the distance between open of the trade to stop loss plus spread.

thanks
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Re: Master_Candle

Postby Apprentice » Mon Jul 20, 2020 8:21 am

Your request is added to the development list.
Development reference 1741.
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Re: Master_Candle

Postby Apprentice » Mon Jul 20, 2020 10:14 am

Based on Task 1723
Master_Candle.lua
(5.61 KiB) Downloaded 61 times
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