The indicator plots the candles with different colors depending on the trend direction and price movement.
The indicator changes its color smoothly if the price retracement from the maximum/minimum by value is less than the value of the Movment parameter.
The value of retracement, equal of greater than Movment parameter, considered as a trend change, the indicator changes its color smoothly until the next retracement will be equal to Movment parameter.
Parameters:
- Movment - Price movement in points, considered as necessary for the change of the trend;
- UpColor - Color of upward trend candles;
- UpBackColor - Color of "retracement" candles for the upward trend;
- DnColor - Color of downward trend candles;
- DnBackColor - Color of "retracement" candles for the downward trend;
- Auto5Digits - To multiply the parameter Movment automatically by 10 for the 5- and 3-digit quotes.
