Peaks and Troughs MT5
The indicator detects important peaks and troughs (extremes) on the chart.
These points can be used to plot support/resistance levels and trend lines, as well as any other graphical analysis.
These points can serve as reference points for setting trading orders.
The indicator does not redraw.
- Size_History - the size of the calculated history.
- Num_Candles_Right - number of candles to the right of the peak or trough.
- Num_Candles_Left - number of candles to the left of the peak or trough.
- Type_Arrows_extremum - label style.
- Send_Sound - sound alert.
- Send_Mail - send an email notification.
- Send_Notification - send a mobile notification.
- Send_Alert - standard terminal alert.