Show 5 minute candlestick in 1 minute chart
- This topic has 28 replies, 9 voices, and was last updated 1 year ago by
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This is an indicator that does what you are asking, but plots the 5-minute bar when ALL 5 1-minute bars have closed.
This is for v10.3+. If you have access to v11 you can also change the filling colour of the rectangle.
123456789101112131415C5 = closeIf OpenMinute MOD 5 = 0 Then //Reset variables each new 5-minute barO5 = openH5 = highL5 = lowElseH5 = max(H5,high)L5 = min(L5,low)EndifIf OpenMinute MOD 5 = 4 Then //plot only when the 5-minute bar closesDrawrectangle(BarIndex - 4,O5,BarIndex,C5) Coloured(0,255,0,255) //BodyDrawRectangle(BarIndex - 2,max(O5,C5),BarIndex - 2,H5) Coloured(0,255,0,255) //Upper WickDrawRectangle(BarIndex - 2,min(O5,C5),BarIndex - 2,L5) Coloured(0,255,0,255) //Lower WickEndifReturnin V11, you can now access easily the OHLC values with the ease of the MTF instruction for indicators!
12345678timeframe(5 minutes)open5 = openhigh5 = highlow5 = lowclose5 = closetimeframe(default)//build here your rectangle with the 5-minutes OHLC variables ^1 user thanked author for this post.
Hi, to make thicker edge on rectangles, add style(line,2) at the end (or 3 for even thicker, 4 or 5 work too, but not 6 and above), example:
1DrawRectangle(BarIndex - 2,max(O5,C5),BarIndex - 2,H5) Coloured(r,g,b,255) style(line,2)1 user thanked author for this post.
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Thank you 🙂
Use Nicolas’code (https://www.prorealcode.com/topic/show-5-minute-candlestick-in-1-minute-chart/#post-138819) and replace 5 minutes with 15.
You can apply it on your preferred timeframe.
1 user thanked author for this post.
That seems to work:
1234567891011121314151617181920212223242526timeframe(15 minutes,updateonclose)ONCE ID = 0ID = ID + 1//C5 = closeO5 = openH5 = highL5 = lowIf c5<o5 thenr=255g=0b=0elser=0g=255b=0endiftimeframe(default)ONCE PlotCandle = 0IF ID <> ID[1] THENDrawrectangle(BarIndex - 29,O5,BarIndex,C5) Coloured(r,g,b,180)style(line,1) //Body /style Line 2 = DickeDrawRectangle(BarIndex - 14,max(O5,C5),BarIndex - 14,H5) Coloured(r,g,b,180)style(line,1) //Upper WickDrawRectangle(BarIndex - 14,min(O5,C5),BarIndex - 14,L5) Coloured(r,g,b,180)style(line,1) //Lower WickENDIFReturn1 user thanked author for this post.
Hi…
Just be aware, the code above, let’s say under a 3-5m timeframe and low market activity, may affect the position of the 15m candle’s . To be more specific the left hand, open side, of the candles body. Since your using this on 30s timeframe the probability of this happening is greatly increased.
However depending on how critical your using it , and if not at time’s of low market activity this is decreased but no totally. And even if it does arise may not be significant to worry about. It may not be a problem to you and you could ignore it but I thought I should mention it.
Unfortunately this doesn’t seem like a quick fix. Recognized problem because I came across it on something I’m still working on.
Though I can’t offer a solution at this time, adding the Line of code below just before RETURN can give indication of when this problem is happening.
The line displays a row of ‘x’ ‘s at the bottom of the indicator panel, if there’s a gap, a missing ‘x’ then the open/left side of the candle will be drawn out of position, to the left, by the number of missing ‘x’ ‘ s underneath that 15m candle’s real position.
1drawtext("x",barindex,6)anchor(bottomLeft,index,yShift)1 user thanked author for this post.
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