ICT OHLC + CE (0.5) of the Previous Candle - by @EmaxKapital

12 jun 2023

This indicator automatically put a straight line on the High, Low, Close, and Open and calculates the Consequent Encroachment or the midline (50%) of the previous candle. The calculation for the midline can be based on either the High and Low or the Open and Close. The option to disable OHLC labels is available. The indicator displays the premium and discount areas of the previous candle, allowing for a strategy of buying on discount and selling on premium based on each candle stick.

13 jun 2023

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Update: The indicator was showing two OHLCs lines in Lower time frames like 1, 2, 3, 4, and 5 minutes. Now it is fixed.
Now you can have the OHLC on a chosen time frame.

13 jun 2023

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The Open-label was aligned on top of the exact opening price.

14 jun 2023

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A small bug was fixed: It was preventing only one OHLC to be shown in lower time frames.

14 jun 2023

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Bugs fixes

28 jun 2023

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Resolved the overlapping problem
Now when a specific time frame is chosen it can be seen in all time frames. Example: 1 for M1, 60 for H1, 240 for H4, D for Day, etc...

27 jul 2023

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Name changed to better adapt it to my PO4 strategy.

27 jul 2023

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Minor bugs fix

24 ago 2023

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- Fixed a bug that was plotting lines in more than one previous candle.
- It works completely fine in lower time frames now.

31 ago

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Mostly reserved for my students, I am sharing the premium version of indicator to the general public.
- Cleaner lines
- Name change
- Several bug fix
- Fast and efficient
- Time frame table added

13 sept

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- Fix OHLC to be at previous candle instead of the current candle.

13 sept

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- Bugs fixes
- Current time frame selection added

23 oct

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- Cleaner and better UI
- Bugs fixes
- Lines precision when selected time frame is chose.