I'd also like to thank Joe for the suggestions, and help with testing the features and options
It's available at:
Five Minute Chart
This study basically shows last level of direction change. Some code was added to show the trend more clearly. The arrows do not necessarily show buy and sell points, but rather levels of support and resistance.
This Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling contracts, equities or currency.