AFL_WinnerV2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Andrei Voytenko

The AFL_WinnerV2 indicator identifies trend changes through trade areas determined at the -50/+50 level. In this version, the input parameters are as follows:

 Enter integer high level = +4 0 ; // overbought level
Enter integer low level = -4 0 ; // oversold level

Provides the ability to color highlight indicator entries for overbought and oversold areas. Pale histogram tones are simply rising or falling, bright tones indicate rising or falling as well as entry or exit.

The indicator uses classes from the SmoothAlgorithms.mqh library (copy it to <terminal data folder> \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. AFL_WinnerV2 indicator

Attachment download

📎 AFL_WinnerV2.mq5 (12.74 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

Source: MQL5 #16145