The i-OneThird indicator draws candlesticks that correspond to the bullish and bearish patterns (in the style of Heiken Ashi).
The difference between High and Low of a candlestick is divided into 3 parts. The indicator determines the pattern by the way, which one third of the candlestick contains opening, and which one contains closing.
This indicator was first implemented in MQL4 and published in CodeBase on 07.06.2007.
Figure 1. The RickD indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2386
The indicator shows the current levels and direction of the Supertrend indicator on multiple timeframes.HighsLows_HTF_Signal
Indicator HighsLows_HTF_Signal shows a trend direction or a signal for performing a deal generated by the HighsLowsSignal indicator at the chosen bar as a graphic object with colored indication of trend or deal direction and sends alerts or audio signals in case of a market entry moment.