MP Normal Distribution Multi TF

MT5 version - https://www.mql5.com/ru/market/product/70171

Unlike other indicators of this type, this version has:

  • The ability to display data from smaller timeframes on the current chart. For example, displaying data from the M1 period on the H1 chart.
  • Calculation of values ​​using the Gaussian formula (normal distribution formula).
  • Flexible system of settings.

Settings:

  • basePeriod - base period.
  • indicatorMode - display mode. Sets the value of each interval: by4h (4 hours), by6h (6 hours), etc. Mode byDeep - the interval is equal to the number of analyseDeep bars.  
  • numberOfIntervals - number of intervals.
  • zoomCoeff - allows you to compress/expand the display of the indicator.
  • formulaType - calculation formula. Gaussian formula (_gaussianFunction) or √x (_sqrt) function.
  • valueCoeff - the value (from 0 to 1) of the extreme point when calculating values ​​for each bar level (see image 1).
  • HLproportion - the proportion HL (High-Low) value in the total value for each bar level. The inequality HLproportion + OCproportion <= 1 must be observed.
  • OCproportion  the proportion OC (Open-Close) value in the total value for each bar level. The inequality HLproportion + OCproportion <= 1 must be observed.
  • smoothingDeep - smoothing depth.
  • uniquePrefix - unique prefix.
  • lineColor - color.
  • analyseDeep - analysis depth when indicatorMode = byDeep


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