Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7363
This indicator shows the trend from the smaller timeframes up to H4.Library of functions for singular transformation
Have you perhaps heard about the caterpillar? Here it is.... I do not remember where I got the code, I simply translated it from С++ to MQL4.
My version of plotting the DeMark lines, also draws channels in addition to the trend lines and targets. Added one more target (the third one defined as 1.62 of the inner extremum), added the signal cancellation when closing within the channel.Gap indicator
Clearly displays the gaps in points as a colored histogram.