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Colored Line Graph

Description

This is an indicator that colors market moods on a linear chart in the window of the main financial instrument. 

It is useful for determining support and resistance levels.

 

Purpose

The indicator can be used for manual or automated trading as part of an Expert Advisor. For automated trading, you can use values of indicator buffers of the double type: 

  1. rising line - buffer 0, must not be equal to EMPTY_VALUE.
  2. falling line - buffer 1, must not be equal to EMPTY_VALUE.
Maksym Mudrakov
21365
Maksym Mudrakov 2016.08.31 09:21 
 

User didn't leave any comment to the rating

masonite
110
masonite 2015.02.26 15:43 
 

good indicator. useful

Vadim Strelkov
7826
Vadim Strelkov 2014.05.06 15:10 
 

User didn't leave any comment to the rating

Version 2.20 2014.09.04
Changed the way the lines are colored.