The indicator is a complex four-line histogram. A position can be opened in a certain direction when all dots initially have the same color vertically. A dot color is determined after the current bar is closed and it is never repainted. The initial parameters are set for М15. I recommend using it together with my other Omega indicators.

Parameters

• Maximum bars to calc - number of bars for calculation (for saving PC resources)
• 1st ind period - first indicator calculation period
• 1st ind smoothing period - first indicator smoothing period
• 1st ind smoothing method - first indicator smoothing method
• 2nd ind period1 - second indicator calculation period
• 2nd ind period2 - second indicator calculation period
• 2nd ind price1 - second indicator applied price
• 2nd ind price2 - second indicator applied price
• 2nd ind mul - second indicator ratio
• 2nd ind calc mode - second indicator calculation mode
• 3rd ind period1 - third indicator calculation period
• 3rd ind period2 - third indicator calculation period
• 3rd ind period3 - third indicator calculation period
• 3rd ind period4 - third indicator calculation period
• 3rd ind price1 - third indicator applied price
• 3rd ind price2 - third indicator applied price
• 3rd ind price3 - third indicator applied price
• 3rd ind price4 - third indicator applied price
• 3rd ind mode - third indicator calculation mode
• 3rd ind smoothing1 - third indicator smoothing method
• 3rd ind smoothing2 - third indicator smoothing method
• 3rd ind smoothing3 - third indicator smoothing method
• 3rd ind smoothing4 - third indicator smoothing method
• 3rd ind smoothing5 - third indicator smoothing method
• 3rd ind smoothing6 - third indicator smoothing method
• 3rd ind mul1 - third indicator ratio
• 3rd ind mul2 - third indicator ratio
• 4th ind period1 - fourth indicator calculation period
• 4th ind period2 - fourth indicator calculation period
• 4th ind smoothing - fourth indicator smoothing method
• 4th ind price - fourth indicator applied price
• Arrows up symbol code - upward histogram symbol code
• Arrows down symbol code - downward histogram symbol code