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Imagic04

Indicator formula:
High-Low + Volume; Open-Close + Volume
That is, an attempt to bring price and volume to a common denominator.

Input parameters:

IndicatorPeriod: several periods of calculation (small-short-term; medium-medium; long-long-term).

MnojitelLine, MnpjitelLine2 - multiplication of lines for comparison.

AverageVolume - averaging volumes for calculation (needed to remove the dependence on volumes).

If both the indicator and the chart make a fast jump, then we are waiting for a rollback.

In addition, the indicator can be analyzed by resistance and support lines and other graphical analysis.

Tags: Custom Indicator.

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Version 2.3 2021.01.06
Added the ability to hide the comment in the left corner of the chart.