The indicator shows the opening price of the senior time frame (e.g., 1-day time frame) and draws line indents to the opening price, thus forming a range. Depending on the parameters the indicator can be used in the trading system to trade range breakouts, or vice versa - to trade within the range.
The simplest example of interpretation (based on the current H1 frame and base D1 frame):
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1082
The file selection graphical interface class.TradeStatisticsPanel
The panel for the display of statistical parameters calculated based on the trade history.