The XEnvelopes with the timeframe selection option available in the input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
The indicator requires XEnvelopes.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.
Figure 1. The XEnvelopes_HTF indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14743
The classic Envelopes indicator which uses the algorithms of universal averaging and fills the channel with a colored background.RJTX_Matches_Smoothed
The indicator helps to determine the beginning and end of trends on the basis of the slope of the "matches" lines and the color of their heads. Each match represents a line between the smoothed open price of a bar and the smoothed close price of the next one.