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Old 06-05-2007, 01:37 AM
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i-OneThird

i-OneThird indicator highlights bullish and bearish candles in HeikenAshi style.

The difference between the high and low of a candle divides into three parts each one corresponding 1/3 of the candle. The indicator calculates where the candle opened and where it closed.

Bullish Pattern
1-1
2-1
3-1

Bearish Pattern
1-3
2-3
3-3

Attached Files
File Type: mq4 i-OneThird.mq4 (1.6 KB, 297 views)
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