GRFLLeadingEdger_Pivot - MetaTrader 5 Script - MT4/MT5 Resources

Two colored filled rectangles GRF are drawn between the two values ​​of the indicator channel on one bar.

Indicator input parameters :

 //+------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------+
Enter StringSymbols_Mr.Name = "GRFLeadingEdger_Pivot_" ; // Name of the indicator label
Input unit samples = 60 ; Input integer lookahead = 0 ; Enter double of standard level 1 = 2.0 ; Enter double of standard level 2 = 4.0 ; Enter color up color = clr spring green ; // Color of the indicator band
Input color DN_color= yellow ; // Color of indicator lower track
Enter the unit signal bar = 0 ; // Get the bar index of the indicator value
Input unit signal length = 40 ; // length of indicator band

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). The use of classes to average price series for intermediate calculations without using additional buffers is described in detail in the article.

Figure 1. Indicator GRFLeadingEdger_Pivot

Attachment download

📎 grfleadingedger_pivot.mq5 (21.15 KB)

Source: MQL5 #18145