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- Published:
- 2017.08.10 12:49
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The indicator draws a channel using the High and Low values of a candlestick of a higher timeframe specified in the indicator input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H12; // Chart period
Fig. 1. The ColorBarRange_HTF indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18620

The indicator draws the open level of a candlestick of a higher timeframe specified in the indicator input parameters.

Envelopes using the Color_PEMA_Digit MA, with an indication of trend direction and display of the last values of channel borders.

Two ZigZag indicators are used for analysis.

The indicator marks all performed trades with short horizontal lines.