candlestick body, high low and wick range
Info
The candlestick body, high low and wick range is a Indicator for MetaTrader 5 that click on candlestick to see its body range, high low range, upper wick range and lower wick range value. bullish candlestick body range = close - openbearish candlestick body range = open - closehigh low range = high - lowupper wick range & lower wick rangepress d key to delete text.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use candlestick body, high low and wick range
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
click on candlestick to see its body range, high low range, upper wick range and lower wick range value.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: heiken-ashi indicator: a synthetic candlestick approach - another powerful indicator for MetaTrader 5 traders.
click on candlestick to see its body range, high low range, upper wick range and lower wick range value.
Also recommended: Candlestick Indicator for Multiple Symbols - similar indicator with strong performance on MetaTrader 5.
bullish candlestick body range = close - openbearish candlestick body range = open - close
high low range = high - low
upper wick range & lower wick range
press d key to delete text.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_plots 0
input string InpFont = "Courier New"; // Font
input int InpFontSize = 12; // Font size
input color InpFontColor = clrSnow; // Font color
string m_prefix = "BR_Info_"; // prefix for object
bool m_init_error = false; // error on InInit.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.