ATR_Channels_Cloud_Digit - MetaTrader 5 Script - MT4/MT5 Resources

Luis Guilherme Damiani

Using the three channels of the ATR indicator, based on a moving average, plotted as a colored cloud, the last value is displayed as a price tag, and the channel levels can be rounded to the desired number of digits. The number of digits to round is set in the numeric input:

 Enter unit number = 2 ; //Number of digits to round to

The indicator uses SmoothAlgorithms.mqh library class (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.

Figure 1. ATR_Channels_Cloud_Digit indicator

Figure 2. ATR_Channels_Cloud_Digit indicator

Attachment download

📎 ATR_Channels_Cloud_Digit.mq5 (17.94 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

Source: MQL5 #16152