The indicator is designed for displaying the candles of any higher timeframe on the H1 chart. It is also possible to display the candles of the non-standard timeframes: H5, H7 or H11. The upward and downward bars are filled with different colors.
Author: John Smith
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.