cm_ind_level_cndl – indicator MetaTrader 5

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.

Fig1. The cm_ind_level_cndl indicator

Fig1. The cm_ind_level_cndl indicator


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