This indicator considers only cooperative movements of aggressive and cautious players (high and low).
Of course, the turning shapes of this indicator merit to be trusted to a larger extend.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7860
A trend-following indicator. It's simple as a coign.Trix
Indicator Trix is used in determining of the overbought/oversold market conditions. You can also use it as an impulse indicator.