Quadrangle Candles

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Quadrangle Candles

Postby Nikolay.Gekht » Wed Jul 31, 2013 12:28 pm

The indicator offers an alternative view for the candles. The price bar is displayed as a quadrangle, where left vertex shows the open price, the right vertex shows the close price, the top vertex shows the high price and the bottom vertex shows the low price. The major difference from usual bars and candles is that this visualization shows which price - high or low is reached first. The corresponding vertex will be drawn closer to the open vertex and the other will be drawn closer to the close vertex.

To use this view just apply the indicator at any bar chart.

quadcandles.png


Download:
Quadrangle_Candles.lua
(3.33 KiB) Downloaded 695 times


The indicator was revised and updated
Nikolay.Gekht
FXCodeBase: Site Admin
 
Posts: 1235
Joined: Wed Dec 16, 2009 6:39 pm
Location: Cary, NC




Return to Custom Indicators

Who is online

Users browsing this forum: No registered users and 196 guests