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demand_index.mq5 (9.04 KB) view

demand_index_htf.mq5 (9.74 KB) view

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

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

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

The indicator requires Demand_Index.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The Demand_Index_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13545

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Demand_Index_HTF - indicator for MetaTrader 5