FractalsTrendLines - indicateur pour MetaTrader 5

The indicator draws bull and bear lines of a trend on the basis of iFractals indicator's data from the nearest extremum to the last fractal broken down.

When this fractal is broken down, the line becomes permanent till a new extremum appears.

Input Parameters:

• inpClrBull=clrGreen; Color of the trend's bull line;
• inpClrBear=clrRed; Color of the trend's bear line.

This indicator can be interpreted as follows:

1. "Pass-Through Cross" line crossing.
2. Candle closing above both lines: "Bull Trend".
3. Candle closing above both lines: "Bear Trend".
4. Candle closing between the lines, "Pass-Through Cross" on the left side: "Flat".
5. Candle closing between the lines, "Pass-Through Cross" on the left side: "Triangle of Uncertainty".