XMA_Range_Channel - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
A channel formed by two average lines drawn by smoothing the series of highs and lows. Candlesticks outside the channel limits are color-coded according to trend. Trend candles have a bright fill color and countertrend candles have a dark fill color.
The indicator uses SmoothAlgorithms.mqh library class (copy it to
Figure 1. XMA_Range_Channel indicator
Attachment download
📎 smoothalgorithms.mqh (130.19 KB)
📎 xma_range_channel.mq5 (10.57 KB)
Source: MQL5 #14212
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