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Peaks and Troughs

The indicator detects important peaks and troughs (extremes) on the chart.
These points can be used to plot support/resistance levels and trend lines, as well as any other graphical analysis.
These points can serve as reference points for setting trading orders.
The indicator does not redraw.

Settings:

  • Size_History - the size of the calculated history.
  • Num_Candles_Right - number of candles to the right of the peak or trough.
  • Num_Candles_Left - number of candles to the left of the peak or trough.
  • Type_Arrows_extremum - label style.
  • Send_Sound - sound alert. 
  • Send_Mail - send an email notification. 
  • Send_Notification - send a mobile notification. 
  • Send_Alert - standard terminal alert.
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mambobody 2022.06.04 10:03 
 

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Version 1.5 2020.12.08
The Num_Candles_extremum parameter is divided into 2 parameters. Now you can select the number of candles to the left of the peak/trough and the number of candles to the right of the peak/trough separately.
Version 1.4 2020.11.27
Overall improvement.
Version 1.2 2020.09.06
Added settings:
sound alert.
send an email notification.
send a mobile notification.
standard terminal alert.
Version 1.1 2020.05.04
Added new types of arrows.