StreamСCandles – indicator MetaTrader 5

Real author: Yuriy Tokman (YTG)

The indicator colors candlesticks whose size multiplied by volume exceeds a preset value. Depending on settings, the indicator can take into accounts the candlestick body or the entire candlestick size.

Indicator input parameters:

//+----------------------------------------------+
//| Indicator input parameters                   |
//+----------------------------------------------+
input ENUM_MODE Candles_Mode=OPENCLOSE;              //size option
input uint Candles_Size=1000;                        //minimum candlestick size for triggering
input ENUM_APPLIED_VOLUME_ VolumeType=VOLUME_TICK_;  //Volume
input uint NumberofBar=1;                            //Bar number to generate a signal
input bool SoundON=true;                             //Enable alerts
input uint NumberofAlerts=2;                         //The number of alerts
input bool EMailON=false;                            //Enable email notifications
input bool PushON=false;                             //Enable push-notifications

Originally this indicator was written in MQL4 and was published in the Code Base on 22.01.2016.

Fig1. The Stream indicator