Statistical Candle Lite

This indicator uses complex algorithms to identify the length of the body candle, as well as the distance between the highest/lowest price and the open/close price of the candle.

Below is the description of the indicator parameters:

----- Input number bar statistical ----

• Use TotalBar - True: Synthetize on a particular number of candles. False: Synthetize on the number of candles displayed on MT4 screen.
• TotalBarStatis – The number of candles you want to synthetize.
• MinBodyCandle – The minimum length of the body of the candles you want to synthetize.

----- Design Setting -----

• Color Body Up Bar – The color of the figure showing the length of the bullish candle body.
• Color High Up Bar – The color of the figure showing the distance between the highest price and the close price of the bullish candle.
• Color Low Up Bar – The color of the figure showing the distance between the lowest price and the open price of the bullish candle.
• Color Body Dn Bar – The color of the figure showing the length of the bearish candle body.
• Color High Dn Bar – The color of the figure showing the distance between the highest price and the open price of the bearish candle.
• Color Low Dn Bar – The color of the figure showing the distance between the lowest price and the close price of the bearish candle.
• Angle – The inclination of figures.

--- Input Total News Display –

• The amount of market news you want to be displayed on the screen. Proper value – From 1 to 10

--- Input Total Message Display Of Chat Group ----

• TotalMessageGroupChat – The number of chat line you want to be displayed on the screen
• AllowalertChatGroup – Choose “True” to receive alert when there is someone in the group chat mentions you. Choose “False” if not.
• Font_size_news – The size of the news text
• Font_size_chat – The size of the chat text
• Color_backgroup – The color of the group chat background
• AllowSound – Choose “True” to allow sound. Otherwise, choose “False”
• TimeNextSound – The time for the next alert