Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | cm ind level cndl

Real author: cmillion@narod.ru

The indicator displays the price pivot point.

When candlesticks form a pattern so that all their wicks can be crossed by a line, the price is expected to reverse as a rule.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.07.2016.

MetaTrader Experts, Indicators, Scripts and Libraries

Fig1. The cm_ind_level_cndl indicator

18003

Best MetaTrader Indicators + Profitable Expert Advisors