AO Mini Wave

The indicator displays the price movement as a ZigZag based on the AO indicator values.

If the histogram is rising - the zigzag moves up, if the histogram is falling - the zigzag moves down.

The indicator also displays:

1. Support and resistance levels based on the latest ZigZag tops.
2. Unfinished movement of the ZigZag is displayed in another color.
3. Plots a Fibonacci grid based on the last completed movement of the ZigZag.

Parameters

• i_showFibo - display Fibo grid (true - display, false - hide)
• i_show_Res_Sup - display support and resistance lines (true - display, false - hide)
• i_ActiveWave - display unfinished movement line (true - display, false - hide)
• Resistance - resistance line color
• Support - support line color
• ActiveWave_dn - color of the unfinished downwards movement line
• ActiveWave_up - color of the unfinished upwards movement line
• _Resistance - support line width
• _Support - resistance line width
• _ActiveWave - unfinished movement line width