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Metatrader 5 Indicators | BackgroundCandle_BlauSMStochastic_HTF | MQL5 Release

New free code from MQL5: indicators, EAs, and scripts for traders.

The indicator draws candlesticks of a larger timeframe as color filled rectangles using DRAW_FILLING buffers.

Rectangles are color filled in accordance with the change of direction of the BlauSMStochastic histogram. Depending on trend direction the candlestick body is painted in blue or red, shadows are painted in light blue or pink.

The indicator requires the compiled indicator file BlauSMStochastic.mq5 for operation. Place it to terminal_data_folder\MQL5\Indicators\.

Smooth out market noise with the Heiken Ashi Expert Advisor for MT4 and MT5. Reliable trend-following automation. Details here.

Figure 1. The BackgroundСandle_BlauSMStochastic_HTF indicator

Figure 1. The BackgroundСandle_BlauSMStochastic_HTF indicator

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