STLMCandle – indicator MetaTrader 5

Fig.1. The STLMCandle indicator
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 … Read more