AW CANDLE TIME INDICATOR, INSTRUCTION AND DESCRIPTION. – Buying and selling Programs – 8 August 2023


Our YouTube channel with product directions -> [ YouTube ]

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On this information, we are going to analyze all of the enter settings of the indicator. Usually, enter settings are divided into thematic blocks, every of which incorporates grouped thematic settings. Such a grouping means that you can rapidly work out the place this or that adjustment is positioned.

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Benefits:

  • The indicator has a variety of settings, which lets you customise the visible element for the comfort of the dealer.
  • Displaying the time till the tip of the candle on the present timeframe and a plug-in show of the time till the tip of the candle on two extra timeframes.

  • The AW Supertrend multi-timeframe development indicator is built-in and tints the textual content labels of timeframes within the colours of their course.
  • Show of the present server time of the dealer, changeable by location on the chart and adjustable font measurement.

  • Versatile association of parts association. The show might be configured subsequent to the present value or in any nook of the chart, which is conveniently adjusted within the enter settings.

  • Constructed-in sound notification and extra coloring of the time earlier than altering the candle, the variety of seconds might be adjusted within the enter variables.

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Technique:

1) Pattern filtering

The AW Candle Time indicator is a multi-timeframe timer till the tip of a candle with a built-in development indicator. Now we have constructed within the AW Supertrend indicator to be able to show not solely the time till the tip of the candle on a sure timeframe, but additionally the course of the development in a multi-timeframe kind.


2) The course of the candles is bullish / bearish

The indicator has a built-in operate for repainting textual content labels relying on the course of the candle on completely different timeframes. That’s, one label shade for bullish candles and one other for bearish ones. Thus, the indicator can present the course of the candles of different timeframes.


3) No filtration

Principally, the indicator was created precisely as a timer for the time till the tip of the candle and might, if essential, use solely this minimal performance. If there isn’t any want for a multi-timeframe show of the development or server time, then change it within the enter settings.


4) Altering the timeframe

As well as, to show the higher and decrease textual content labels, the power to pick out a timeframe from M1 to MN1 is in-built.

Altering the timeframe when displaying the higher and decrease textual content labels is on the market for all work choices: with out filtering, with development filtering, and with filtering by candlestick course. Thus, it’s potential to run the indicator on M30 and run multi-timeframe parts, for instance, on H4 and D1, to be able to use development course filtering from these timeframes by defining entry factors on M30.

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Enter settings sections:


Principal settings

Principal – Part of the principle settings of the indicator. The principle location and technique settings are positioned right here.

Candle_Time_Location – The situation of the timestamps till the tip of the candle time, the next choices can be found:

Left_Upper_Corner – Location within the higher left nook of the chart.
Right_Upper_Corner – Location within the higher proper nook of the chart.
Left_Lower_Corner – Location within the decrease left nook of the chart.
Right_Lower_Corner – Location within the decrease proper nook of the chart.
At_the_price – Location to the appropriate of the present value on the chart.

Trend_Strategy – Technique for recoloring textual content labels, the next choices can be found:

No_colored – No recoloring of textual content labels.
Colored_by_candle_direction – Recolor labels in keeping with bullish/bearish candle course.
Colored_by_supertrend_direction – Recolor labels in accordance with the course of the development in keeping with the AW Supertrend indicator.

Show_Server_Time – Allow or disable the show of the label with the server time.

Server_Time_Location – The situation of the textual content label that shows the server time. Might be in one of many 4 corners of the graph.


Candle Time

Candle_Time – The part for setting the timestamp till the tip of the candle of the present timeframe.

Show_used_trend_mode_in_this_label – Present chosen development mode on this label or not. If enabled, the development or course of the candlestick shall be displayed on the mark when the corresponding setting is chosen within the Principal Settings.

Font_Size – Font measurement for the textual content timestamp till the tip of the candle of the present timeframe.


Higher Time

Upper_Time – High label settings part for multi-timeframe work. Shows the time till the tip of the candle on an extra timeframe. Can be utilized for multi-timeframe time and development filtering.

Show_Upper_Time_Text – Allow or disable the show of the higher label of the extra timeframe.

Upper_Timeframe – Alternative of timeframe for the higher label. There are two setting choices:

_Nearest_ – Present the closest higher timeframe. For instance, you launched the indicator on H1, the closest higher one shall be H4. If you happen to launched the indicator on M1, the closest prime one shall be M5. With this setting, the higher label of the extra timeframe shall be mechanically hidden when the MH1 timeframe is launched – since there isn’t any increased timeframe.
Deciding on a timeframe from the checklist, choices can be found from M1 to MH1 inclusive.

    Show_used_trend_mode_in_this_label – Present chosen development mode on this label or not. If enabled, the development or course of the candlestick shall be displayed on the mark when the corresponding setting is chosen within the Principal Settings.

    Font_Size – Font measurement for the highest textual content timestamp till the tip of the candle.

    Angle_upper_label – Angle of inclination of the higher label relative to the center one within the show mode “Candle Time Location” = “On the value“.


    Lower_Time

    Lower_Time – The underside label settings part for multi-timeframe work. Shows the time till the tip of the candle on an extra timeframe. In addition to the highest label can be utilized for extra filtering.

    Show_Lower_Time_Text – Allow or disable the show of the decrease label of the extra timeframe.

    Lower_Timeframe – Deciding on a timeframe to show. There are two setting choices:

    _Nearest_ – The closest smaller timeframe relative to the present one. That’s, for work on H1, the label will show information on M30. To work on D1, the label will show information on H4, mechanically altering the timeframe for the decrease label relative to the present one. When launched on M1, the label shall be mechanically hidden, since M1 is the smallest of the timeframes pre-installed on the buying and selling terminal.
    Deciding on a timeframe from the checklist, choices can be found from M1 to MH1 inclusive.

      Show_used_trend_mode_in_this_label – Allow or disable recoloring of the checkmark textual content shade in keeping with the development technique chosen in “Trend_Strategy“.

      Font_Size – Font measurement for the underside textual content timestamp till the tip of the candle.

      Angle_lower_label – Angle of inclination of the underside mark relative to the center mark within the show mode “Candle_Time_Location” = “At_the_price“.


      Supertrend_Settings

      Supertrend_Settings – The power to show the course of the development in keeping with the AW SuperTrend indicator is constructed into the indicator of time till the tip of the candle. This part of the enter settings incorporates all of the changes of the development indicator.

      This indicator is constructed into AW Candle Time and can work inside it with none restrictions. This product can be out there as a standalone indicator and is supplied freed from cost by us. A hyperlink to the AW SuperTrend web page shall be positioned on the backside of this text.

      _Period_ – Interval of the development indicator. It’s the important adjustment of sign sensitivity. The smaller the worth, the sooner a brand new development shall be detected, however on the identical time, the extra short-term fluctuations and corrections shall be perceived as new alerts. The upper the worth, the much less the indicator shall be uncovered to market noise and the much less it should give alerts.

      _Multiplier_ – Multiplier of the development indicator. Second adjustment of sign sensitivity. The extra – the deeper the filtration. Typically – you should use the default worth by adjusting the sensitivity with   Interval .

      Max_bars_for_calculation – The variety of candles on the idea of which the present development course shall be calculated.   Typically – you should use the default worth .


      Alerts

      Alerts_Settings – The indicator has built-in sound notifications concerning the approaching closing time of the present candle, these notifications might be configured to be activated for a sure time frame earlier than the candle closes, and likewise give them a separate sound sign.

      Sound_alert – Allow or disable sound notification of a brand new candle.

      Seconds_before_new_candle_for_alert – What number of seconds earlier than the beginning of a brand new candle to ship a sound notification.

      Custom_alert_sound – This variable means that you can set customized sound for alerts. There are numerous sound recordsdata within the terminal library, amongst which you’ll select the sound for notifications. If there isn’t any worth on this variable, the default worth shall be launched, that’s, this variable can’t be modified unnecessarily.


      Last_Seconds

      Last_Seconds_Settings – The part for setting the repainting of candles for a specified interval earlier than the closing time of the candle. At a sure time earlier than the shut of the candle, textual content labels might be tinted with brighter colours to sign the shut time of the candle is approaching.

      Painted_last_seconds – Allow or disable repainting of textual content labels for a specified interval earlier than the tip of the candle earlier than the tip of the candle.

      Last_seconds_for_paint – What number of seconds earlier than the tip of the candle to repaint textual content labels in brighter colours.

      up_color_last_seconds – A brighter shade for an uptrend.

      Down_color_last_seconds – A brighter shade for a downtrend.


      Graphics

      Graphics_Settings – Part for setting indicator graphics, padding, colours and prefixes.

      Font_Size – Font measurement for textual content labels.

      _Color_ – Main shade for textual content labels.

      Up_color – Main shade for an uptrend or bullish candle.

      Down_color – The principle shade for a downtrend or a bearish candle.

      X_Server_Time – Horizontal offset for server time stamp.

      Y_Server_Time – Vertical offset for server time stamp.

      X_Time – Horizontal indent for the time stamp till the tip of the candle (when positioned on the corners of the chart).

      Y_Time – Vertical offset for the time stamp till the tip of the candle (when positioned on the corners of the chart).

      Y_offset_between_Time_labels   – Indent between timestamps till the tip of the candle   (when positioned on the corners of the chart).

      Upper_prefix_text – Textual content prefix for prime textual content.

      Lower_prefix_text – Textual content prefix for backside textual content.

      X_offset_in_candles – Horizontal indent in candles for timestamps till the tip of the candle (when positioned close to the present value).


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      Hyperlinks:

      Indicator for each platforms -> [ MT4 Version ] [ MT5 Version ]

      Extra of our merchandise -> [ Our Products ]

      Our YouTube channel with product directions -> [ YouTube ]

      Our Telegram channel  -> [ Telegram ]

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      Help service and our information -> [ Official page ]

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