Statistical Candle Lite
This indicator uses complex algorithms to identify the length of the body candle, as well as the distance between the highest/lowest price and the open/close price of the candle.
Below is the description of the indicator parameters:
----- Input number bar statistical ----
- Use TotalBar - True: Synthetize on a particular number of candles. False: Synthetize on the number of candles displayed on MT4 screen.
- TotalBarStatis – The number of candles you want to synthetize.
- MinBodyCandle – The minimum length of the body of the candles you want to synthetize.
----- Design Setting -----
- Color Body Up Bar – The color of the figure showing the length of the bullish candle body.
- Color High Up Bar – The color of the figure showing the distance between the highest price and the close price of the bullish candle.
- Color Low Up Bar – The color of the figure showing the distance between the lowest price and the open price of the bullish candle.
- Color Body Dn Bar – The color of the figure showing the length of the bearish candle body.
- Color High Dn Bar – The color of the figure showing the distance between the highest price and the open price of the bearish candle.
- Color Low Dn Bar – The color of the figure showing the distance between the lowest price and the close price of the bearish candle.
- Angle – The inclination of figures.
--- Input Total News Display –
- The amount of market news you want to be displayed on the screen. Proper value – From 1 to 10
--- Input Total Message Display Of Chat Group ----
- TotalMessageGroupChat – The number of chat line you want to be displayed on the screen
- AllowalertChatGroup – Choose “True” to receive alert when there is someone in the group chat mentions you. Choose “False” if not.
- Font_size_news – The size of the news text
- Font_size_chat – The size of the chat text
- Color_backgroup – The color of the group chat background
- AllowSound – Choose “True” to allow sound. Otherwise, choose “False”
- TimeNextSound – The time for the next alert
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