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You liked the script? Try it in the MetaTrader 5 terminal

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Published:

14 December 2012, 14:15

Updated:

29 March 2023, 13:42

\MQL5\Include\

smoothalgorithms.mqh (134.03 KB) view

ultrafatl.mq5 (13.38 KB) view

ultrafatl_candles.mq5 (8.45 KB) view

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This indicator colors candlesticks in accordance with the color of the UltraFatl indicator histogram.

Place UltraFatl.ex5 compiled file to the terminal_data_folder\MQL5\Indicators.

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 The UltraFatl_Candles indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1236

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