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Pivot point - indicator for MetaTrader 4
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- Published:
- 2016.10.27 13:35
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The indicator displays the price pivot point.
When the candles form a pattern, where all their wicks can be crossed by a line, as a rule, the price reverses.
Example:
The number of candles and the history period for searching the pattern can be set in the indicator parameters.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16032
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