The Vector indicator tracks the market state and generates relatively few false signals. Signals are formed when the zero line is crossed.
The indicator has two oscillators - the fast and the slow one. The total of their values allows evaluating the mood of the market.
The market inertia is represented by a slow oscillator, and the trends are represented by the fast one.
The combined values of the two oscillators provide a picture of the market, which is sufficient for making a decision to buy/sell or to close existing positions.
The indicator has two input parameters:
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/19962
A set of thirty popular candlestick patterns.Other_Candles
The indicator draws candlesticks in a separate window in the form of a histogram from the zero line.