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- Published:
- 2013.01.18 13:00
- Updated:
- 2023.03.29 13:42
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The real author:
The SchaffTrendCycle oscillator performed as a color histogram.
Fig.1 The ColorSchaffTrendCycle indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1425

The Expert Advisor drawn on the basis of the TrendEnvelopes semaphore, signal indicator

The indicator draws support/resistance lines and the trend lines in the chart

Sistema de negociação baseado no indicador ColorSchaffTrendCycle.

The indicator "collects" the information of a trend lines drawn on a current chart, displays the prices of lines in the last (forming) bar and also either gives signals, or sends alerts when price crosses the trend line upon trader choice