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- 2017.11.03 11:56
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The indicator implements a breakout system using the Mikahekin indicator channel.
When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for the growth of a financial asset, yellow color for its fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.
Fig. 1. Mikahekin_System
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18820
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