The signal appears in the case of the breakthrough of the High(Low) of the previous bar with bull (bear) direction.
The signal should be interpreted according the current situation.
In some cases it can be interpreted as a reverse signal, for example the red signal can be considered as a good buy opportunity when the trend is bullish.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/69
The updated version of TimeClosingPeriod indicator, it plots the time, remained to the current bar complete. At the last second it plays the sound file, specified in the input parameters.Color Parabolic 2
Color Parabolic 2. The color depends on the acceleration factor.