Lysstørrelsesvarslingsindikator for MT5

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Candle Size Alert Indicator for MT5

Introduction to the Candle Size Alert Indicator

Momentum is one of the hints that technical traders look for when trying to decipher where the market is moving, but what is it really. Momentum has two main elements, which is speed and size. The Candle Size Alert Indicator is a tool which can objectively qualify a candle if it has enough size to be considered as a momentum candle.

What is the Candle Size Alert Indicator?

Akkurat som navnet antyder, the Candle Size Alert Indicator is a custom technical indicator which alerts traders whenever it detects a candlestick which is substantially larger than other candles.

This technical indicator identifies a large candlestick by plotting a yellow dot above the identified candlestick.

Lysstørrelsesvarslingsindikator for MT5

How the Candle Size Alert Indicator Works?

The Candle Size Alert Indicator has a threshold limit wherein if a candle has a range larger than the predetermined threshold, the indicator will identify the candle as a large sized candle and place a dot above the identified candle. This threshold limit can be modified by the user according to their preference and according to their trading strategy.

How to use the Candle Size Alert Indicator for MT5

The Candle Size Alert Indicator allows traders to modify the candle size threshold within the indicator settings. This can be tweaked on the “Size level” variable on the indicator settings. Note that the “Size level” variable is measured in points. If you are measuring by pips, simply add another “0” to convert the measure into points.

The “Displays only last bar” option toggles the option to display a dot only on the last candle on or off.

The “Use alerts” option toggles the alerts on or off.

Lysstørrelsesvarslingsindikator for MT5

This indicator can be used as a tool to measure whether a candle has enough size to be considered as a momentum candle. This can then serve as a confirmation of a trade setup based on momentum breakouts.

Different currency pairs and tradeable instruments have varying volatility ranges. This is also true with differing timeframes and trade horizons. Users can standardize the threshold by using a multiple of the Average True Range (ATR) as a basis.

Kjøp handelsoppsett

Når du skal angi?

Identify a trade setup which requires a bullish momentum breakout to confirm the trade. Open a buy order on the confluence of a bullish momentum candle and a dot placed by the indicator. Still inn stopptapet under inngangslyset.

Når du skal avslutte?

Lukk handelen så snart prishandling viser tegn på en bearish reversering.

How to use the Candle Size Alert Indicator for MT5 - Kjøp handel

Selg handelsoppsett

Når du skal angi?

Identify a trade setup which requires a bearish momentum breakout to confirm the trade. Open a sell order on the confluence of a bearish momentum candle and a dot placed by the indicator. Sett stop loss over inngangslyset.

Når du skal avslutte?

Lukk handelen så snart prishandling viser tegn på en bullish reversering.

How to use the Candle Size Alert Indicator for MT5 - Selg handel

Konklusjon

Many traders use momentum breakout candles as an entry trigger. Men, most would try to identify such momentum breakout candles based on a subjective observation of the candle. The Candle Size Alert Indicator can help traders standardize what they would consider as a momentum candle which is an important trigger for many trading strategies.

MT5 Indikatorer – Last ned instruksjoner

Candle Size Alert Indicator for MT5 is a Metatrader 5 (MT5(andre)) indikatoren og essensen av denne tekniske indikatoren er å forvandle de akkumulerte historiedataene.

Candle Size Alert Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Basert på denne informasjonen, handelsmenn kan anta ytterligere prisbevegelse og justere sin strategi tilsvarende. Klikk her for MT5 Strategier

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How to install Candle Size Alert Indicator for MT5.mq5 to your MetaTrader 5 Diagram?

  • Download Candle Size Alert Indicator for MT5.mq5
  • Copy Candle Size Alert Indicator for MT5.mq5 to your Metatrader 5 Katalogen / Eksperter / Indikatorer /
  • Starte eller starte Metatraderen på nytt 5 Klient
  • Velg Diagram og tidsramme der du vil teste mt5-indikatoren
  • Søk “Egendefinerte indikatorer” i navigatoren som for det meste er igjen i Metatraderen 5 Klient
  • Right click on Candle Size Alert Indicator for MT5.mq5
  • Legge ved et diagram
  • Endre innstillinger eller trykk ok
  • Indicator Candle Size Alert Indicator for MT5.mq4 is available on your Chart

How to remove Candle Size Alert Indicator for MT5.mq5 from your Metatrader 5 Diagram?

  • Velg diagrammet der indikatoren kjører i Metatraderen 5 Klient
  • Høyreklikk inn i diagrammet
  • “Indikatorer liste”
  • Velg indikatoren og slett

Lysstørrelsesvarslingsindikator for MT5 (Gratis nedlasting)

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