Dynamic 4-Hour Candle (Accurate Highs and Lows)

26 Okt

This gives a dynamic 4 hour history of the current price, so that you can assess the current trend. I found lots of indicators that looked at the previous 4 hr candle, but they then immediately switched to the new 4 hr candle when it started to be formed. this indicator looks back at the rolling previous 4 hours.

3 Nov

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This is version 2 of this indicator. It allows you to change the look back period and the time frame of the chart that you are using it on.

3 Nov

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I also think that the candle is more accurate now in its representation of the previous time period specified, but please feel free to improve on this yourselves!

3 Nov

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added a setting to reposition the indicator on the chart

4 Nov

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I've added a label that you can put above the candle, as it can be useful having a few of these on the chart covering different time frames, and the labels avoid any confusion as to what each candle represents.

4 Nov

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I've now added a line that you can add on the chart to show where each look back period is. This can be colour coded to match your labels, so you can clearly see which time period is being measured by witch line.

5 Nov

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Tidied teh label so that it now displays the hours instead of the minutes, if necessary.

5 Nov

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Added in optional high low lines on the chart for the time period, so you can easily see them if you prefer to have them up on the chart.