ColorSchaffTrendCycleCandle

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The ColorSchaffTrendCycle indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the ColorSchaffTrendCycle algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

This indicator requires the compiled indicator file ColorSchaffTrendCycle.ex5. Place it in \MQL5\Indicators.
 

MT5 Indicators – Download Instructions

ColorSchaffTrendCycleCandle is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

ColorSchaffTrendCycleCandle provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

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How to install ColorSchaffTrendCycleCandle.mq5 to your MetaTrader 5 Chart?

  • Download ColorSchaffTrendCycleCandle.mq5
  • Copy ColorSchaffTrendCycleCandle.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on ColorSchaffTrendCycleCandle.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator ColorSchaffTrendCycleCandle.mq4 is available on your Chart

How to remove ColorSchaffTrendCycleCandle.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

ColorSchaffTrendCycleCandle (Free Download)

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