The indicator displays rapid reversals to the dynamic change of the direction. Like steps in tango! It allows you to enter the market early.
Originally this indicator has been written in MQL4 and was first published in the Code Base on 04.02.2016.
Figure 1. The TangoLine indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14785
The indicator shows the entry point that follows the reversal bar.XEnvelopes3_HTF
The XEnvelopes3 indicator with the timeframe selection option available in input parameters.