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cm_ind_level_cndl.mq5 (14.97 KB) view

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Real author: cmillion@narod.ru

The indicator displays the price pivot point.

When candlesticks form a pattern so that all their wicks can be crossed by a line, the price is expected to reverse as a rule.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.07.2016.

Fig1. The cm_ind_level_cndl indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18003

ToClearObjectsByTypeByTime

The script removes old objects of the selected type from all charts, if the time coordinates of these objects are outside of the trigger level.

ToClearObjectsByType

The script removes all objects of the type selected by the trader in input parameters from all charts of the client terminal.

The Chaikin volatility indicator modified to have a stochastiс view, and implemented in the form of a signal cloud.

ToClearComment

The script removes from the chart a comment located in the upper left corner.

cm_ind_level_cndl - indicator for MetaTrader 5