cm_ind_level_cndl – indicator for MetaTrader 5
Real author: [email protected]
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