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- Published by:
- noloxe
- Views:
- 33717
- Rating:
- Published:
- 2015.10.30 12:43
- Updated:
- 2016.11.22 07:32
-
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Real author:
The indicator of the author LeMan — AllPivotPoint is taken as a basis.
The indicator builds levels channels beginning from the line of closing of previous day, on the basis of data of previous day: dayClose+(dayHigh-dayLow)*fibo*koeff. On Monday, except the level of closing of Friday, the level of opening of Monday is in addition drawn.
- mondayGAP defines how to build levels on Monday: if false — levels are drawn from closing of Friday, if true — from opening of Monday;
- Days number of days for plotting, counting of today. Zero — the whole days available in the history are processed;
- koeff allows to squeeze & stretch a grid of levels. I recommend to put Fibonacci's numbers (0.34, 0.55, 0.618, 0.89, 1.44, 2.33).
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13985
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