The Directed_Movement indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the Directed_Movement indicator algorithm.
In many situations, such approach may be more informative for the purpose of analysis.
This indicator requires the compiled indicator file Directed_Movement.ex5. Place it in <terminal_data_folder>\MQL5\Indicators.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Fig.1. The Directed_Movement_Candle indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15754
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.