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

centerofgravity.mq5 (7.57 KB) view

centerofgravity_cloud_htf.mq5 (10.71 KB) view

centerofgravity_htf.mq5 (11.49 KB) view

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

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The CenterOfGravity indicator with the timeframe selection option available in the input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

This indicator requires CenterOfGravity.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The CenterOfGravity_HTF and CenterOfGravity_Cloud_HTF indicators

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/12958

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CenterOfGravity_HTF - indicator for MetaTrader 5