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CandleStop_System - indicator for MetaTrader 5
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- Published:
- 2018.08.23 13:12
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Real author: CrushD
The indicator paints candles going beyond the CandleStop channel. Candlesticks outside the channel limits are marked with color according to the trend. Candlesticks with the trend have bright fill color, ones against the trend - dark fill color.
Fig. 1. CandleStop_System indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21488
The indicator is displayed using three horizontal lines of iAMA (Adaptive Moving Average, AMA) indicator from three different timeframes.
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CandleStop_System indicator with the timeframe selection option available in the input parameters.
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