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Color_PEMA_Envelopes_Digit - MetaTrader 5 Script - MT4/MT5 Resource

author EAcpu | 4 reads | 0 comments |

Color_PEMA_Envelopes_Digit - indicator for MetaTrader 5

The envelope uses the color _PEMA_numeric MA, which indicates the direction of the trend and shows the last value of the channel boundary.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). A detailed description of the class can be found in the article Average price series for intermediate calculations without using additional buffers .

Color_PEMA_Envelopes_Digit - indicator for MetaTrader 5

Figure 1. Indicator Color_PEMA_Envelopes_Digit


Attachment download

📎 Color_PEMA_Envelopes_Digit.mq5 (26.71 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

Source: MQL5 #18616

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