Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 4336
- Rating:
- Published:
- 2017.08.10 12:32
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Real author: LGP
A fractal based variation. Close prices are used for blue and pink fractals, Highs and Lows are used for red and green fractals.
This indicator was first implemented in MQL4 and published in Code Base on 14.09.2007.
Fig. 1. Indicator LGP_Ivanoff_Maloma-Demark_levels
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18471

A fractal based indicator.

An indicator of ticks (Bid and Ask). Displays the last 300 ticks.

The indicator displays Wingdings arrows when RSI crosses UP and DOWN levels.

The size of a candlestick. The size is calculated by the following formula: "minuend" minus "deduction".