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Reading Candle Direction and Relative Movement in a Monitoring Table

Article MQL5 code base

Summary

This brief indicator guide explains the colors used in a candle-monitoring display. Red marks a previous candle with a negative direction, while lime marks a positive one. In a separate table column labeled “now,” red indicates that candle movement has reached its maximum, and lime indicates movement at the average level.

The text also describes how to reposition the table: hold the M key briefly, release it, then click the desired location. It does not define how average or maximum candle movement is calculated, identify the lookback period, or provide evidence that the display improves trading decisions. The guide is therefore useful for interpreting the visual signals, but it does not present a tested strategy or explain how to turn the readings into entries, exits, or risk controls.

Key ideas

  • Red and lime identify negative and positive previous candles, respectively.
  • In the “now” table, red denotes maximum candle movement and lime denotes average movement.
  • The table can be moved by holding and releasing the M key before clicking a new location.
  • The document does not explain the movement calculations or validate a trading application.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.