The RWI indicator with the timeframe selection option available in input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
To provide correct operation of the indicator, place the compiled RWI.mq5 indicator file in terminal_data_folder\MQL5\Indicators.
Figure 1. The RWI_HTF indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/6991
The Random Walk Index indicator is used in situations where it is necessary to determine whether the market instrument is in a developing trend or performs random motion.ExMass_HTF
The ExMass indicator with the timeframe selection option available in input parameters.