Saturday, September 24, 2022

3-Candle Chart

This indicator provides useful information to be displayed from the London open to the New York Close.

It is made of 3 candles per trading day:

– London Open to New York Open

– New York Open to London Close (Power hours)

– London Close to New York Close

Recommendations:

  • Works only on 1 hour timeframe
  • Timeoffset variable is the offset (in hours) between GMT and your MT4 Broker’s time
  • SBnumber variable is a funny number used to offset the whole group of candlesticks. It gives sometime surprising results.
  • Displays better on a line chart
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