OHLC Lines + 50% of the previous candle

١٢ يونيو ٢٠٢٣

This indicator automatically put a straight line on the High, Low, Close, and Open and calculates the Consequent Encroachment or the midline (50%) of the previous candle. The calculation for the midline can be based on either the High and Low or the Open and Close. The option to disable OHLC labels is available. The indicator displays the premium and discount areas of the previous candle, allowing for a strategy of buying on discount and selling on premium based on each candle stick.

١٣ يونيو ٢٠٢٣

ملاحظات الأخبار

Update: The indicator was showing two OHLCs lines in Lower time frames like 1, 2, 3, 4, and 5 minutes. Now it is fixed.
Now you can have the OHLC on a chosen time frame.

١٣ يونيو ٢٠٢٣

ملاحظات الأخبار

The Open-label was aligned on top of the exact opening price.

١٤ يونيو ٢٠٢٣

ملاحظات الأخبار

A small bug was fixed: It was preventing only one OHLC to be shown in lower time frames.

١٤ يونيو ٢٠٢٣

ملاحظات الأخبار

Bugs fixes

٢٨ يونيو ٢٠٢٣

ملاحظات الأخبار

Resolved the overlapping problem
Now when a specific time frame is chosen it can be seen in all time frames. Example: 1 for M1, 60 for H1, 240 for H4, D for Day, etc...

٢٧ يوليو ٢٠٢٣

ملاحظات الأخبار

Name changed to better adapt it to my PO4 strategy.

٢٧ يوليو ٢٠٢٣

ملاحظات الأخبار

Minor bugs fix

٢٤ أغسطس ٢٠٢٣

ملاحظات الأخبار

- Fixed a bug that was plotting lines in more than one previous candle.
- It works completely fine in lower time frames now.

٣١ أغسطس ٢٠٢٤

ملاحظات الأخبار

Mostly reserved for my students, I am sharing the premium version of indicator to the general public.
- Cleaner lines
- Name change
- Several bug fix
- Fast and efficient
- Time frame table added

١٣ سبتمبر ٢٠٢٤

ملاحظات الأخبار

- Fix OHLC to be at previous candle instead of the current candle.

١٣ سبتمبر ٢٠٢٤

ملاحظات الأخبار

- Bugs fixes
- Current time frame selection added

٢٣ أكتوبر ٢٠٢٤

ملاحظات الأخبار

- Cleaner and better UI
- Bugs fixes
- Lines precision when selected time frame is chose.

١٣ ديسمبر ٢٠٢٤

ملاحظات الأخبار

- Option to see multiple previous candles OHLC (Up to 10)