The script analyzes the market based on two criteria: the moving averages and the support and resistance levels.
The script draws the support and resistance levels on the H4 chart based on the 6-8-week and yearly extremums, and also displays the average values at the same parameters of the flat.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14301
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.