Features

• This indicator determines consecutive bullish and bearish bars;
• Determines the High and Low for the last N bars (N can be changed in the settings);
• It shows the Buy and Sell signals based on the values of other indicators, such as Bollinger Bands, Stochastic and MACD;
• It graphically displays from 4 to 12 consecutive bullish and bearish bars with an alert;
• It is possible to disable the alert and unnecessary graphical elements;
• It is also possible to adjust the number of bars in history, where the graphical elements of the indicator are to be drawn (0 = all available bars);
• There is an option to change the size of the graphical elements.

This indicator is well suited for trading binary options.

Parameters

• Size of the indicator label - size of the indicator's graphical label (recommended from 1 to 4);
• Width Line - width of the High and Low lines;
• The position of the indicator label (in points) - distance from a candle's High or Low to a graphical label of the indicator;
• alert - alert about the appearance of a new graphical label.
• Number of history bars - the number of bars for calculating the indicator (0 - all history).
• Number of bars for level - the number of bars to calculate the High and Low;
• Up trend - display the priority trend;
• Down trend - display the priority trend;
• 3 buy bars (on/off) — 12 buy bars (on/off) - enable/disable the graphical label of the indicator.
• 3 sell bars (on/off) — 12 sell bars (on/off) - enable/disable the graphical label of the indicator.