M2_MACandle - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
M2_MA is implemented as a series of candlesticks. Candlestick charts are the result of processing the relevant price time series by the M2_MA indicator algorithm.
In many cases, this approach may provide more information for analytical purposes.
This indicator requires the M2_MA.mq5 indicator file. Place it in <terminal data folder>\MQL5\Indicators.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied 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. M2_MACandle
Attachment download
📎 M2_MA.mq5 (7.54 KB)
📎 M2_MACandle.mq5 (8.74 KB)
📎 SmoothAlgorithms.mqh (130.2 KB)
Source: MQL5 #15622
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