The indicator allows to perform any arithmetic action with prices of two symbols and plot result on any other chart.
It allows to calculate the crosses (using multiplication and division), spread (subtract) or just to plot the other symbol's data on the chart.
Fig. 1. The indicator iCrossClose. The EURGBP itself (blue) and its estimated values (red, caluclated using the EURUSD and GBPUSD) are presented on the lower chart
By default, it plots the cross of EURGBP, calculated using the values of EURUSD and GBPUSD (Fig. 1)
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/183
There is a Price Channel indicator, but I don't like it, because it fills all the space between the upper and lower boundaries. This version of Price Channel looks like in MetaTrader 4.Moving Averages, multi-timeframe [v03]
Moving Average indicator, can be applied to any timeframe (higher or lower than the current chart's timeframe). Includes: SMA, EMA, SMMA, LWMA, AMA, DEMA, TEMA, FRAMA, and VIDYA