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instantaneous_trendfilter.mq5 (5.14 KB) view

instantaneous_trendfilter_htf.mq5 (9.89 KB) view

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

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

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

Fig.1. The Instantaneous_TrendFilter_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13822

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Instantaneous_TrendFilter_HTF - indicator for MetaTrader 5