Forex Background Candle Blau SM Stochastic HTF Indicator

Forex Background Candle Blau SM Stochastic HTF Indicator:

The indicator draws candlesticks of a larger timeframe as color filled rectangles using DRAW_FILLING buffers.

Rectangles are color filled in accordance with the change of direction of the BlauSMStochastic histogram. Depending on trend direction the candlestick body is painted in blue or red, shadows are painted in light blue or pink.

Test results:

Forex Background Candle Blau SM Stochastic HTF Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)

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