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You liked the script? Try it in the MetaTrader 5 terminal
. ... Rick D. ... .
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extern int FrPeriod = 6; - 6 bars before and 6 bars after the current bar define the fractal
extern int MaxBars = 500; - maximum number of bars for caclucalion
The indicator plots various levels of Neely Monowaves on the chart.
This is very simple, power and easy to use Indicator
Do you see 3 bearish and consecutive lengthening bars? Bears - goodbye!