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Views:: 3040
Rating:: (16)
Published:: 2016.06.30 12:50
Updated:: 2023.03.29 13:47

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

XTRIX.mq5 (8.88 KB) view

XTRIXCandle.mq5 (9.42 KB) view

Download as ZIP, How to download code from MetaEditor

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XTRIX indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by XTRIX indicator algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. XTRIXCandle

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15514

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