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

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

PFE.mq5 (8.97 KB) view

PFE_HTF.mq5 (12.28 KB) view

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The PFE indicator with the timeframe selection option available in input parameters:

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

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

Fig.1. The PFE_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16028

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PFE_HTF - indicator for MetaTrader 5