The indicator implements a breakthrough system using the DarvasBoxes channel.
When price exits the gray channel, the bar color changes to the color corresponding to trend direction. Blue for the growth of a financial instrument, red color - 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.
Figure 1. Indicator DarvasBoxes_System
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2094
The AltrTrend_Signal_v2.2 indicator with the timeframe selection option available in input parameters.AltrTrend_Signal_v2_2
A semaphore arrow indicator that shows trend change time based on the ADX indicator.