Indicator Candle’s Middle Point displays the middle point of a candle.
It has two adjustable parameters:
- Middle point for – display the middle point for
- Candle – candles
- Body – candle body
- Dots type – the candle middle point dots type:
- Smallest Dot – the smallest dot
- Small Dot – cmall dot
- Big Dot – big dot
- Small Square – small square
- Big Square – big square
- Small Diamond – small diamond
- Big Diamond – big diamond
- Cross – cross
Calculations:
- For the middle point of a candle:
Point = (High + Low) / 2.0
- For the middle point of the candle body:
Point = (Open + Close) / 2.0
Fig.1. Middle point for = Candle
Fig. 2. Middle point for = Body
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