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votes: 22
2017.11.03 11:56

The indicator implements a breakout system using the Mikahekin indicator channel.

When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for the growth of a financial asset, yellow color for its fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.

Fig. 1. Mikahekin_System

Fig. 1. Mikahekin_System

Translated from Russian by MetaQuotes Software Corp.
Original code:

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