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

Envelope indicator with a color filled inside the channel, drawn as a cloud, showing the last value as a price tag, and channel levels can be rounded to the desired number of digits. The number of digits to round is set in the numeric input:

 Enter the unit number = 3; //The number of digits to be rounded

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.

Figure 1. X Envelope_Number

Figure 2. X Envelope_Number

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 XEnvelopes_Digit.mq5 (11.63 KB)

Source: MQL5 #15630