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ColorZerolagHLR_HTF - indicator for MetaTrader 5

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votes: 15
2015.10.13 10:15
2016.11.22 07:32

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

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

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

Fig.1. The ColorZerolagHLR_HTF indicator

Fig.1. The ColorZerolagHLR_HTF indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

ColorZerolagHLR ColorZerolagHLR

This variant of HighestLowestRange normalized oscillator is calculated based on five HighestLowestRange indicators.

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The Exp_ColorZerolagHLR Expert Advisor enters the market when the ColorZerolagHLR indicator cloud changes its color.

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