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Indicators

Float_Pivot_Smoothed_Digit_System - indicator for MetaTrader 5

Views:
4308
Rating:
(17)
Published:
2019.01.02 14:27
Updated:
2023.03.29 13:48
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The indicator implements a breakthrough system using the Float_Pivot_Smoothed_Digit channel.

When price exits the channel, the candlestick color changes to the color corresponding to trend direction. Blue is used for the growth of a financial asset, pink color means 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. The Float_Pivot_Smoothed_Digit_System indicator

Fig.1. The Float_Pivot_Smoothed_Digit_System indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23322

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