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Indicators

Ozymandias_HTF_Extended - indicator for MetaTrader 5

Andrey Shpilev | English Русский 中文 Español Deutsch 日本語 Português

Views:
3652
Rating:
votes: 14
Published:
2015.05.21 12:57
Updated:
2016.11.22 07:32

Real author:

Author of the idea — GoldnMoney, author of the MQL5 code — Godzilla, minor code editing and the additional feature — by me.

  • Ozymandias_Extended — a version of the Ozymandias ported to МetaТrader 5 with additional settings for price band width by ATR and the ATR period. Excessive code comments have been removed.
  • Ozymandias_HTF_Extended — an extended version of the Ozymandias_HTF indicator with ATR price band width settings. Code comments have also been edited.

Ozymandias_HTF_Extended calculated on H4

Fig.1. Ozymandias_HTF_Extended calculated on H4

Notes:

  • The Ozymandias_HTF_Extended indicator requires the compiled Ozymandias_Extended indicator.
  • There may be performance problems when recalculating the history after initialization of Ozymandias_HTF_Extended.
  • In the original version, the price band width is the value of ATR(100) at the current bar, so you need to set ChannelAtrMultiplier = 0.5 and AtrPeriod = 100 to set up the indicator as the original.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/12870

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