Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

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

Views:: 3773
Rating:: (21)
Published:: 2015.12.04 10:28
Updated:: 2023.03.29 13:45

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

xma_range_channel.mq5 (10.57 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The channel formed by two averages drawn on smoothing of High and Low price series. Candlesticks outside the channel limits are marked with color according to the trend. Candlesticks with the trend have bright fill color, ones against the trend - dark fill color.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. The XMA_Range_Channel indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14212

FP_HTF

The FP indicator with the timeframe selection option available in the input parameters.

MFICandle

The MFI indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the MFI algorithm.

geTrendOsc_HTF

The geTrendOsc indicator with the timeframe selection option available in the input parameters.

JMACandleSign

A semaphore signal indicator that uses two JMA indicators, based on Open and Close values of the price series.

XMA_Range_Channel - indicator for MetaTrader 5