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Trend histogram Mefistofel

Calculates pivot levels.

It paints the histogram depending on the location of prices relative to these levels.


Parameter values:
  1. style - select the type of display (Histogram, Line, Arrow)
  2. price - price, has little effect on the final look, but this can be customized
  3. timeframe - select a timeframe for calculating levels.
  4. color over pivot line - color of everything above the pivot level
  5. color under pivot line - color of everything below the pivot level
  6. pivot line intersection color - the color when the body of the candlestick crosses the center line
  7. color of resistance level breakout - color when the upper shadow of the candlestick crosses any level
  8. color of support level breakout - the color when the lower shadow of the candlestick crosses any level
  9. two lines intersection color - the color when two shadws crosses levels
  10. boost the result with tick volumes - multiplies the calculation result by the number of ticks of the candle

A choice of level options.

  • MN1
  • W1
  • D1
  • H12 
  • H8 
  • H6 
  • H4  
  • H3
  • H2
  • H1

If the indicator value is near 0, then the price has approached the potential level of reversal or rebound.


Formulas:


Pivot = (high + close + low) / 3
R1 = (2 * Pivot) - low
S1 = (2 * Pivot) - high
R2 = Pivot + (R1 -S1)
R3 = high + (2 * (Pivot - low))
S2 = Pivot - (R1 - S1)
S3 = low - (2 * (high - Pivot))
The horizontal lines in the graph screenshots are shown for clarity. The indicator values ​​are calculated from these lines.

To draw these lines, this utility was used: https://www.mql5.com/en/market/product/63805
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InvestSoft
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JETINVEST
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ThorstenKock
1584
ThorstenKock 2021.05.24 18:40 
 

Useless

Nikolay Mitrofanov
3551
Resposta do desenvolvedor Nikolay Mitrofanov 2021.05.24 18:49
Ok
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Versão 2.2 2021.04.16
Добавлен выбор буста.
Versão 2.1 2021.04.14
Добавлено выделение цветом пресечение двух уровней двумя свечами. Изменены стартовые цвета.
Versão 2.0 2021.04.12
Изменен полностью. Новая версия.
Versão 1.3 2021.04.09
Add: tick boost settings
Versão 1.2 2021.03.22
Добавлены таймфреймы.
Versão 1.1 2021.03.18
Изменена размерность шкалы.
Теперь отображает количество пунктов от уровня.