CorrectedAverage_HTF - MetaTrader 5 Script - MT4/MT5 Resource
This corrects the average indicator for indicators with available time frame selection options in the input parameter:
Input ENUM_TIMEFRAMES time range = PERIOD_H4 ; // Indicator chart period (time range)
This indicator requires the CorrectedAverage.mq5 indicator file. Place it in <terminal data folder>\MQL5\Indicators.
Figure 1. CorrectedAverage_HTF indicator
Attachment download
📎 correctedaverage.mq5 (6.85 KB)
📎 correctedaverage_htf.mq5 (8.53 KB)
Source: MQL5 #13534
CorrectedAverage_HTF - MetaTrader 5 script usage and filtering suggestions
CorrectedAverage_HTF - 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 on titles or short-term profit descriptions.
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