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loco.mq5 (9.28 KB) view

loco_htf.mq5 (8.32 KB) view

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The Loco with the timeframe selection option available in the input parameters:

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

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

Figure 1. The Loco_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14424

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Loco_HTF - indicator for MetaTrader 5