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Indicators

Color_PEMA_Digit - indicator for MetaTrader 5

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835
Rating:
votes: 15
Published:
2017.08.10 12:34
\MQL5\Include\

A moving average with the five-fold EMA averaging. It displays the most recent value as a price label with the possibility to round the indicator levels up to a required number of digits. The number of digits to round is set in the input variable Digit:

input uint Digit=3; //Number of digits to round to

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

Fig. 1. The Color_PEMA_Digit indicator


Fig. 1. The Color_PEMA_Digit indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/18488

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