Waddah_Attar_Trend - MetaTrader 5 Script - MT4/MT5 Resources

engineer. wada attar

A trend indicator that uses the MACD value multiplied by the average price of a financial asset to produce a colored histogram.

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

The indicator was first implemented in MQL4 and released in the code base on March 7, 2007.

Figure 1. Waddah_Attar_Trend indicator

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 Waddah_Attar_Trend.mq5 (15.75 KB)

Source: MQL5 #16390