Forex Candle Size MT4 Indicator

Forex Candle Size MT4 Indicator:

About the Forex Candle Size MT4 Indicator

Bar Size Indicator: notification of large bars

The indicator finds candles that exceed the specified number and indicates their size.
  • convenient for filter patterns in a period of low volatility;
  • indicates the beginning of a trend;
  • helps to see the most significant bars;
  • can be used when trading binary options;
2 operating modes:
  1. Real body: the difference between the open and close prices will be used;
  2. Extremes: the difference between the maximum and minimum prices will be used;


When loading the indicator, you will be presented with a set of options as input parameters.
  • BarSize: sets the size of the candles(in points) which, if exceeded, the bar will be marked;
  • UseBodies: 1) if truethe difference (Open-Close) will be used; 2) if false: the difference (High-Low) will be used;
  • FontSize: font size to indicate the size;
  • BullColor:  font color for bullish bars;
  • BearColor: font color for bear bars;
  • ShowDefinedSize: if true – the specified bar size will be shown in the upper left corner;

Test results:

Forex Candle Size MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

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

File > Open Data Folder > MQL4 > Indicators (paste here)

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