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ColorXTRIX_Histogram - MetaTrader 5 Script - MT4/MT5 Resource

author EAcpu | 5 reads | 0 comments |

ColorXTRIX_Histogram - indicator for MetaTrader 5

The TRIX indicator is displayed as a colored histogram and provides the ability to change the averaging algorithm.

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.

ColorXTRIX_Histogram - indicator for MetaTrader 5

Figure 1. ColorXTRIX_Histogram


Attachment download

📎 ColorXTRIX_Histogram.mq5 (10.06 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

Source: MQL5 #15473

ColorXTRIX_Histogram - MetaTrader 5 script usage and filtering suggestions

ColorXTRIX_Histogram - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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