The ideal indicator for those who like to work "by levels". It clearly shows the reversal level, support/resistance levels for the current day.
The indicator is very popular abroad. Very useful for traders who trade any currency pair, as the simple rules (e.g. a reversal of the price chart is very probable "near a PIVOT") will warn the trader against false entries. Similar for the Res. and Sup levels.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7248
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.