The indicator shows daily extremum zones. Maximum zone: distance from day maximum - Х% of day range, minimum zone: distance from day minimum + Y% of day range.
Flexible parameter setting is allowed. Tune zone parameters as you like!
The indicator can display information using one of five drawing styles:
Color fill drawing style. Using as support zones. Ranges = 10%
The green line is 38% from minimum (inpDnZonePct = 38), the blue line is 50% from day maximum (inpUpZonePct = 50). inpDrawInternalZone = true. Imitating Fibonacci levels
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13816
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.