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InstTrend.mq5 (5.58 KB) view

InstTrend_HTF.mq5 (9.87 KB) view

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InstTrend indicator with the timeframe selection option available in input parameters:

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

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

Fig.1. InstTrend_HTF

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15574

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InstTrend_HTF - indicator for MetaTrader 5