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Indicators

XCCXCandleKeltnerPluse - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português

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1576
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votes: 16
Published:
2017.03.22 16:10
\MQL5\Include\

The XССXCandleKeltner indicator with the breakout indication option. Depending on the value of the indicator's input parameter:

input ENUM_COLOR_MODE Mode=ENUM_LEVELS; //Breakout indication method

There are two variants of color indication of breakout:

  1. Breakout of overbought/oversold levels;
  2. Breakout of Keltner channel borders.

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

Fig1. The XССXCandleKeltnerPluse indicator

Fig1. The XССXCandleKeltnerPluse indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17629

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