The indicator plots the candles with different colors depending on the trend direction and price movement.
The indicator changes its color smoothly if the price retracement from the maximum/minimum by value is less than the value of the Movment parameter.
The value of retracement, equal of greater than Movment parameter, considered as a trend change, the indicator changes its color smoothly until the next retracement will be equal to Movment parameter.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/99
This indicator draws pivot points, resistances and supports.AdoSuite v 1.0
Classes for working with databases through ODBC and OLE DB interfaces