If you're looking to enhance your trading charts, the DRAW_BARS indicator for MetaTrader 5 is a game-changer. This handy tool displays the bars for your chosen symbol in a separate window, giving you a clear visual representation of market movements.
The DRAW_BARS indicator utilizes a unique drawing style that plots bars based on four key price indicators: Open, High, Low, and Close. One of the standout features is its ability to adjust bar color and width after a specified number of ticks, known as the N variable. You can easily tweak this parameter in the Properties window to fit your trading style.
It's worth noting that the initial properties of the plot are defined using the #property preprocessor directive. However, these properties can be modified dynamically through the OnCalculate() function, allowing for a more responsive charting experience.
For those looking to dive deeper into the world of technical analysis, check out this resource: The Drawing Styles in MQL5. It's a valuable guide to help you understand the various ways you can visualize your trading data.
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