Indicator that shows higher timeframe candle on current timeframe.
On screenshot you can see D1 candle on H1 timeframe.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15700
This is a graphical indicator based on slope-direction-trend indicator that has been published under several other forms.Pips to Point Conversion Factor
This is a conversion factor. It is used to detect whether broker is 4 or 5 digits. As MetaTrader 4 calculates everything using point basis, coder can use this function to convert pips to point for machine reading.