BackgroundCandle BlauSMStochastic HTF

BackgroundCandle BlauSMStochastic HTF

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The indicator draws candlesticks of a larger timeframe as color filled rectangles using DRAW_FILLING buffers.

Rectangles are color filled in accordance with the change of direction of the BlauSMStochastic histogram. Depending on trend direction the candlestick body is painted in blue or red, shadows are painted in light blue or pink.

The indicator requires the compiled indicator file BlauSMStochastic.mq5 for operation. Place it to terminal_data_folder\MQL5\Indicators\.

 

MT5 Indicator – Download Instructions

BackgroundCandle BlauSMStochastic HTF is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

BackgroundCandle BlauSMStochastic HTF provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install BackgroundCandle BlauSMStochastic HTF.mq5?

  • Download BackgroundCandle BlauSMStochastic HTF.mq5
  • Copy BackgroundCandle BlauSMStochastic HTF.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on BackgroundCandle BlauSMStochastic HTF.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator BackgroundCandle BlauSMStochastic HTF.mq5 is available on your Chart

How to remove BackgroundCandle BlauSMStochastic HTF.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

BackgroundCandle BlauSMStochastic HTF

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