The MultiHighsLowsSignal indicator shows information on active trends using the values of seven HighsLowsSignal indicators from different timeframes.
One of the seven indicator lines corresponds to each HighsLowsSignal indicator. The trend direction displayed by the line color corresponds to the direction of the last signal.
Figure 1. The MultiHighsLowsSignal indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2330
A trend indicator of the series of indicators without averaging.PChannel_System
The indicator implements a breakthrough system using a channel drawn on extrema for a period.