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

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.

Release Notes:

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.

Release Notes:

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

Release Notes:

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

Release Notes:

Bugs fixes

Release Notes:

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...

Release Notes:

Name changed to better adapt it to my PO4 strategy.

Release Notes:

Minor bugs fix

Release Notes:

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