Varningsindikator för ljusstorlek för 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?

Precis som namnet 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.

Varningsindikator för ljusstorlek för 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.

Varningsindikator för ljusstorlek för 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.

Köp Trade Setup

När du ska gå in?

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. Ställ stop loss under posten ljus.

När du ska avsluta?

Stäng handeln så snart prisåtgärden visar tecken på en bearish reversering.

How to use the Candle Size Alert Indicator for MT5 - Köp Handel

Sälj Handel Setup

När du ska gå in?

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. Ställ stop loss över posten ljus.

När du ska avsluta?

Stäng handeln så snart prisåtgärden visar tecken på en hausse-vändning.

How to use the Candle Size Alert Indicator for MT5 - Sälj Handel

Slutsats

Many traders use momentum breakout candles as an entry trigger. Emellertid, 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 – Hämta Instruktioner

Candle Size Alert Indicator for MT5 is a Metatrader 5 (MT5) indikator och kärnan i denna tekniska indikator är att omvandla de ackumulerade historiedata.

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.

Baserat på denna information, handlare kan anta ytterligare prisrörelser och anpassa sin strategi därefter. Klicka här för 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 Katalog / Experter / Indikatorer /
  • Starta eller starta om din Metatrader 5 Klient
  • Välj Diagram och tidsram där du vill testa din mt5-indikator
  • Sök “Anpassade indikatorer” i din Navigator mestadels kvar i din Metatrader 5 Klient
  • Right click on Candle Size Alert Indicator for MT5.mq5
  • Koppla till ett diagram
  • Ändra inställningar eller tryck på 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?

  • Välj diagrammet där är Indikatorn igång i din Metatrader 5 Klient
  • Högerklicka i diagrammet
  • “Listan Indikatorer”
  • Markera indikatorn och ta bort

Varningsindikator för ljusstorlek för MT5 (Gratis nedladdning)

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