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Views:: 3334
Rating:: (16)
Published:: 2017.08.10 12:36
Updated:: 2023.03.29 13:48

Color_QEMA_Digit.mq5 (20.88 KB) view

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

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A moving average with the four-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 the SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The detailed description of the classes is available in the article Averaging Price Series for Intermediate Calculations Without Using Additional Buffers.

Fig. 1. The Color_QEMA_Digit indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18489

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Color_QEMA_Digit - indicator for MetaTrader 5