Ex Candles2 Indicator For MetaTrader 5
From the Old Kings archive: Ex Candles2 Indicator For MetaTrader 5, an indicator for MetaTrader 5. It draws arrows on the chart and marks candlestick patterns. It has 6 settings, for example Ex Period (default 24), Trend Filter (default true) and how bars (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor and a PDF guide. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About Ex Candles2 Indicator For MetaTrader 5
Ex Candles2 Indicator For MetaTrader 5 is an indicator for MetaTrader 5. It draws buy and sell arrows on the chart and marks candlestick patterns. It has 6 settings, such as Ex period, Trend filter and How bars. MQL source code included.
Files in the download: excandles2.mq5, ExCandles2__1.png, Rules read this.pdf.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ex period | 24 | Period or timeframe used by the calculation |
| Trend filter | true | |
| How bars | 0 | |
| Up symbol | 233 | |
| Dn symbol | 234 | |
| Vert shift | 100 | Bar shift (0 = current bar) |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · Candlestick Patterns · MT5 Indicator · MQL5 Source Code