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AnyCandle - H1, H4, D candles on your M15 chart

axl

New Member
AnyCandle - H1, H4, D candles on your M15 chart


This indicator displays the last 3 candles of any timeframe on the right side of your chart plus gives a human voice speech alert when candle close is imminent. AnyCandleGroup lets you keep things elegantly simple on your chart. Anycandle is useful especially if you take into account volume/spread analysis in your trading decisions.

Features

  • Displays the last 3 candles of any timeframe on the right side of your chart
  • Gives easy to understand english speaking human voice alarms if candle close is imminent (voice package needs to be downloaded and installed)
  • Gives visible alert by changing candle colour when candle is going to close
  • Alarm levels are adjustable from seconds to minutes according to your needs
  • Indicator can be switched ON/OFF without removing it from the chart
  • Code is optimized to minimize the software footprint and utilizes the latest Metatrader 4 enhancements (supports build 600 and above):

How to install

1. Download AnyCandleGroup_v1.4.zip and Sounds.zip

2. Extract the ZIP files to your temporary folder.

3. Copy the ex4 file to the following folder:

..\Users\Your-Win-Login-Name\AppData\Roaming\MetaQuotes\Terminal\xxx\MQL4\Indicators

4. Copy the WAV files to the folder below:

..\Program Files (x86)\Your-MetaTrader\sounds\

5. You are ready to go.


How to use


  1. Switch on the Chart Shift function in your Metatrader (click the button on the toolbar).
  2. Add an AnyCandleGroup instance to your chart
  3. Set the TimeFrame property: AnyCandleGroup will display the last 3 candles of this timeframe (H4 candles by default).
  4. Set the Position property. Change only if you use more than one AnyCandleGroup indicator on the same chart, otherwise you can leave it as is (default is 7).
  5. Set the Alarm settings: set the time and unit of measure (min = minutes; sec = seconds) settings are case-insensitive, so 5 min or 5 Min is the same (alert is OFF and set to 5 min by default)
  6. Enjoy!

Hints on usage

  • You can add more than one AnyCandleGroup instance to the same chart. Let's say you have an M15 chart and want to see the last three H4 candles, Day candles and Week candles also. In this case you have to add three AnyCandleGroup instances to your chart. Don't forget to set the Position porperty for the 2nd and 3rd instances (set 7 for the 1st group, set 15 for the second instance and 23 for the third), otherwise your second/third group will be displayed over the first one.
  • Do not add more than 3 AnyCandleGroup instances to the same chart (you can but useless)
  • Enable the alarm feature only in one AnyCandleGroup instance for a given timeframe. This way you can eliminate replicated alerts.
  • Use AnyCandle together with any quality volume indicator
  • Note that current version of AnyCandle uses your broker's server time. A brokers server time determines the open/close time of the 4hr candles you see on your MT4 chart. Why this piece of information is important? For example, if my broker starts the day at 00:00 GMT+0 and let's say your broker's MT4 starts one hour later (at 00:00 GMT+1 hour), our H4 charts will end up looking very different. When looking at your charts it is important that you see what the majority of people see. And most of the worlds traders are using servers running in GMT+0. The reason is that most of the volume in Forex market occurs in the London session. To be able to show different H4 candles would need a sophisticated calculation routine built into AnyCandle. I plan to add this feature in the near future.
Example


If you want to see the last three H4 and Day - candles on your M15 chart, and wants to be alarmed 5 minutes before your H4 candle closes, you have to drop two AnyCandleGroup indicators to your chart and set them up as follows:

H4 - candles (AnyCandleGroup1):

  • Timeframe = H4
  • Position = 7
  • Alarm_On = true
  • AlarmStartBeforeClose = 5
  • AlarmStartMeasure = min
Day - candles (AnyCandleGroup2):

  • Timeframe = D
  • Position = 15
  • Alarm_On = false
 
Files attached
 

Attachments

  • AnyCandle_v1.1.zip
    2.9 MB · Views: 27
  • AnyCandle_v1.2_Upgrade.zip
    11.3 KB · Views: 17
  • AnyCandle_v1.4.zip
    20.7 KB · Views: 24
  • AnyCandleGroup_v1.4.zip
    23.9 KB · Views: 35
  • LargeTimeFrame.mq4
    4.4 KB · Views: 22
  • Sounds.zip
    2.7 MB · Views: 20

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