This indicator draws candlesticks in accordance with the color of the bars in histogram of the 2pbIdealXOSMA indicator. Growing candlesticks are colored in light colors, falling are colored in the dark colors.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging price series for intermediate calculations without using additional buffers".
Fig.1 The 2pbIdealXOSMA_Candles indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1214
The indicator draws the channel for flat market based on the MA Rounding.MA Rounding
Crossed МА and ZigZag. To be more exactly, МА drawn on the Zigzag principle.