input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
The indicator requires Laguerre_PlusDi.mq5 and Laguerre_MinusDi.mq5 indicator files. Place them in terminal_data_folder\MQL5\Indicators.
Fig.1. The Laguerre_ADX_HTF indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13990
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.