Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

5570

Rating:

(12)

Published:

28 December 2018, 13:05

Updated:

17 January 2019, 11:29

EMAHLC_Envelope.mq5 (11.98 KB) view

Download as ZIP How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Indicator EMA HLC Envelope. The indicator displays an exponential moving average calculated at the Close price with two envelopes — the top and the bottom ones calculated as EMA at the High and Low prices, respectively, and signal indicators showing the envelopes breakthrough by the price.

The indicator has one adjustable parameter:

Period - calculation period

If the candle Close price breaks through the upper envelope, the blue signal pointer is placed on the High price of the candle.
If the candle Close price breaks through the lower envelope, the red signal pointer is placed on the Low price of the candle.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22721

EMAHLC_Envelope_Oscillator

Indicator EMA HLC Envelope Oscillator

Fractal_Channel

Indicator Fractal Channel

CandleColorMidPoint

Indicator Colored Middle Point of Candles

CandleMidPoint

Indicator Candle's Middle Point

EMAHLC_Envelope - indicator for MetaTrader 5