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- Published:
- 2018.03.01 10:57
- Updated:
- 2023.03.29 13:48
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The SVS_Trend indicator with the possibility to change the indicator timeframe in its input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
The indicator requires the compiled SVS_Trend.ex5 indicator file. Add it to <terminal_data_folder>\MQL5\Indicators.
Fig.1. Indicator Dtm_HTF.Support_and_Resistance_HTF.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19659

The indicator marks candlesticks with colored arrows if candlesticks of a higher timeframe selected in input parameters are higher or lower than previous candlesticks.

Buy or Sell signals are generated when the price is above iMA (Miving Average, MA) with a very large period. As the number of open positions increases, the distance between trades (during which entry signals are skipped) also increases. The EA trades in the specified time interval.

The Internal Bar Strength indicator implemented in the form of a colored histogram.

The ColorDerivative indicator with the possibility to change the indicator timeframe in its input parameters.