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17100

Rating:

(8)

Published:

2016.03.25 14:14

Movment.mq4 (11.47 KB) view

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The indicator paints bars in different colors depending on the direction of the price movement (red - up, blue - down).

The direction is determined according to the price movement by the amount of points specified in the 'Points' variable. During a movement in the opposite direction the saturation of the color is reduced according to the rollback value. Apart from the main color, there are three additional color gradations: at a rollback of 1/4 of the 'Points' value, 1/2 and 3/4. A rollback to a 'Points' value means a change in the price movement direction, in this case the indicator is painted to th main color of the opposite direction.

Movment

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7099

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Movment - indicator for MetaTrader 4