If you're looking to enhance your trading game, the Background Candle BlauSM Stochastic HTF indicator for MetaTrader 5 is a must-try. This nifty tool draws candlesticks from a larger timeframe as color-filled rectangles, using the DRAW_FILLING buffers.
These rectangles change color based on the direction of the BlauSM Stochastic histogram. When the trend is bullish, the candlestick bodies are painted blue, while a bearish trend will show them in red. The shadows come alive with light blue for uptrends and pink for downtrends.
To get started, make sure you have the compiled indicator file BlauSMStochastic.mq5 ready. Just place it in your terminal_data_folder/MQL5/Indicators/ directory, and you're all set!
Figure 1. The Background Candle BlauSM Stochastic HTF indicator
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