The Candle Counter Alex indicator is designed for traders who rely on candle counting within cycles.
It displays numbers directly on the chart, restarting the sequence according to the configured cycle length.
Features:
- Define the cycle length (e.g., 4 → count 1, 2, 3, 4).
- Choose how many visible cycles you want on the chart.
- Adjust font size and offset in pips for precise number placement.
- Adjustable position: choose whether the numbers appear above the high or below the low of each candle.
- Visual highlight:
- Odd candles in one color.
- Even candles in another color.
Benefits:
Quickly identify candle cycles.
Alternating colors make the reading more intuitive.
Fully customizable to fit the trader’s style.
Now with complete flexibility for number positioning.
Perfect for traders using cycle-based strategies, candle patterns, or time-based setups.
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