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2016.10.27 13:35
Indicators

Pivot point - indicator for MetaTrader 4

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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 Software Corp.
Original code: https://www.mql5.com/ru/code/16032

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