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Published:
2018.01.22 09:43
Daniella.mq5 (12.34 KB)view

Real author: Kvant

Semaphore signal indicator using Average True Range. Signals emerge when ATR starts rising after the previous fall. The indicator color depends on the direction of the candlestick.

Fig.1. The Daniella indicator

Fig.1. The Daniella indicator.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/19426

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