The STLM digital filter implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the ColorSTLM_HISTOGRAM indicator algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

This indicator requires the the compiled indicator file ColorSTLM_HISTOGRAM.ex5. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The STLMCandle indicator