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On this information, we are going to analyze all of the enter settings of the indicator. Normally, enter settings are divided into thematic blocks, every of which incorporates grouped thematic settings. Such a grouping permits you to shortly determine the place this or that adjustment is situated.
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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 further timeframes.
The AW Supertrend multi-timeframe pattern 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 dimension.
Versatile association of components association. The show may 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 may be adjusted within the enter variables.
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Technique:
1) Development filtering
The AW Candle Time indicator is a multi-timeframe timer till the tip of a candle with a built-in pattern indicator. We have now 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 in addition the course of the pattern in a multi-timeframe kind.
2) The course of the candles is bullish / bearish
The indicator has a built-in perform for repainting textual content labels relying on the course of the candle on totally different timeframes. That’s, one label coloration 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
Mainly, the indicator was created precisely as a timer for the time till the tip of the candle and might, if obligatory, use solely this minimal performance. If there isn’t a want for a multi-timeframe show of the pattern 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 flexibility to pick a timeframe from M1 to MN1 is inbuilt.
Altering the timeframe when displaying the higher and decrease textual content labels is out there for all work choices: with out filtering, with pattern filtering, and with filtering by candlestick course. Thus, it’s attainable to run the indicator on M30 and run multi-timeframe components, for instance, on H4 and D1, to be able to use pattern course filtering from these timeframes by defining entry factors on M30.
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Enter settings sections:
Foremost settings
Foremost – Part of the principle settings of the indicator. The primary location and technique settings are situated 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 suitable 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 pattern 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. Will 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 pattern mode on this label or not. If enabled, the pattern or course of the candlestick can be displayed on the mark when the corresponding setting is chosen within the Foremost Settings.
Font_Size – Font dimension for the textual content timestamp till the tip of the candle of the present timeframe.
Higher Time
Upper_Time – Prime 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 pattern filtering.
Show_Upper_Time_Text – Allow or disable the show of the higher label of the extra timeframe.
Upper_Timeframe – Selection 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 can be H4. When you launched the indicator on M1, the closest prime one can be M5. With this setting, the higher label of the extra timeframe can be robotically hidden when the MH1 timeframe is launched – since there isn’t a larger timeframe. Deciding on a timeframe from the listing, choices can be found from M1 to MH1 inclusive.
Show_used_trend_mode_in_this_label – Present chosen pattern mode on this label or not. If enabled, the pattern or course of the candlestick can be displayed on the mark when the corresponding setting is chosen within the Foremost Settings.
Font_Size – Font dimension 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, robotically altering the timeframe for the decrease label relative to the present one. When launched on M1, the label can be robotically hidden, since M1 is the smallest of the timeframes pre-installed on the buying and selling terminal. Deciding on a timeframe from the listing, 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 coloration in keeping with the pattern technique chosen in “Trend_Strategy”.
Font_Size – Font dimension 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 pattern 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 pattern indicator.
This indicator is constructed into AW Candle Time and can work inside it with none restrictions. This product can also be obtainable as a standalone indicator and is supplied freed from cost by us. A hyperlink to the AW SuperTrend web page can be situated on the backside of this text.
_Period_ – Interval of the pattern indicator. It’s the primary adjustment of sign sensitivity. The smaller the worth, the sooner a brand new pattern can be detected, however on the similar time, the extra short-term fluctuations and corrections can be perceived as new indicators. The upper the worth, the much less the indicator can be uncovered to market noise and the much less it is going to give indicators.
_Multiplier_ – Multiplier of the pattern indicator. Second adjustment of sign sensitivity. The extra – the deeper the filtration. Typically – you should utilize the default worth by adjusting the sensitivity with Interval .
Max_bars_for_calculation – The variety of candles on the idea of which the present pattern course can be calculated. Typically – you should utilize the default worth .
Alerts
Alerts_Settings – The indicator has built-in sound notifications concerning the approaching closing time of the present candle, these notifications may 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 permits you to set customized sound for alerts. There are numerous sound information within the terminal library, amongst which you’ll select the sound for notifications. If there isn’t a worth on this variable, the default worth can be launched, that’s, this variable cannot 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 may 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 coloration for an uptrend.
Down_color_last_seconds – A brighter coloration for a downtrend.
Graphics
Graphics_Settings – Part for setting indicator graphics, padding, colours and prefixes.
Font_Size – Font dimension for textual content labels.
_Color_ – Major coloration for textual content labels.
Up_color – Major coloration for an uptrend or bullish candle.
Down_color – The primary coloration 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 situated on the corners of the chart).
Y_Time – Vertical offset for the time stamp till the tip of the candle (when situated on the corners of the chart).
Y_offset_between_Time_labels – Indent between timestamps till the tip of the candle (when situated 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 situated close to the present value).
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