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General information The indicator determines the areas of flat and trending market states by comparing the average and current volatilities. Flat areas are rectangles of a user-defined color. It is easy to determine the maximum and minimum of the flat area, as well as its height in points. The beginning of each trend area is marked with an arrow indicating the direction of the trend. Tuning parameters 1. Averaging period - period for calculating average volatility 2. Color of flat region - the
The indicator shows the number and ratio of ticks with the price growth and fall for each candle of the chart. The upper part of the histogram in the form of thin lines shows the number of price growth ticks (bullish strength), while the lower part shows the amount of price fall ticks (bearish strength). The thicker histogram bars is the difference between the strength of bulls and bears. A positive difference is displayed in green, and the negative one is red. The strength of bulls increases
The Expert Advisor generates trading signals based on the values of the FractalDivergence_Patterns indicator. A Buy signal is generated when the indicator detects a support level, and a Sell signal is generated when the resistance level is found (see Fig. 1: blue arrows show buying, red arrows show selling). The Expert Advisor does not require the indicator to be additionally used, and can display the appropriate support and resistance levels. Parameters The "Fractal divergence parameters" block