PipTick OHLC MT4

PipTick OHLC indicator shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The range for calculation of the indicator can be taken from a daily, weekly, monthly, or user-specified session.

Levels

• High of current or previous session.
• Low of current or previous session.
• Open of current or previous session.
• Close of current or previous session.
• Midpoint of current or previous session.

Recommendations

• It is very helpful to use previous session values of High, Low, Close and Mid as support and resistance levels. It tends to work very well.

Main features

• The indicator shows the actual levels of High, Low, Open, Close and mid.
• Current or previous session values.
• alert notifications for indicator lines.
• Custom session time.
• Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN).
• The indicator is non-repainting.
• Ready for backtesting.
• Customizable parameters (Colors, Line thickness, Visibility).
• Very fast calculation.
• Available for MT4 and MT5.

Input parameters

• Session_Mode - Allows to choose between Daily, Weekly, Monthly and Custom Session mode.
• Session_Start_Hour - Allows to set start hour if the session time mode is set. In other case the parameter is ignored.
• Session_Start_Minute - Allows to set start minute if the session time mode is set. In other case the parameter is ignored.
• Session_End_Hour - Allows to set end hour if the session time mode is set. In other case the parameter is ignored.
• Session_End_Minute - Allows to set end minute if the session time mode is set. In other case the parameter is ignored.
• Sessions_Back - Allows to set the number of sessions to display. When the value is zero, all sessions are displayed.
• Previous_Session_Values - Allows to choose between current and previous session values.
• Text_Size - Text size of the indicator levels.
• Visibility_Line_Description - Allows to enable or disable displaying of description of lines.
• Visibility_High - Allows to enable or disable displaying of the high line.
• Visibility_Low - Allows to enable or disable displaying of the low line.
• Visibility_Open - Allows to enable or disable displaying of the open line.
• Visibility_Close - Allows to enable or disable displaying of the close line.
• Visibility_Mid - Allows to enable or disable displaying of the midpoint line.
• Color_High - Color of the high line.
• Color_Low - Color of the low line.
• Color_Open - Color of the open line.
• Color_Close - Color of the close line.
• Color_Mid - Color of the midpoint.
• alert - Allows to enable or disable alert notifications when the market touches one of the indicator lines.
• alert_Sound - Allows to choose the alert sound.

Outputs parameters

• Open - Value of the open of range.
• High - Value of the high of range.
• Low - Value of the low of range.
• Close - Value of the close of range.
• Midpoint - Value of the mid of range.