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

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CronexDeMarker - indicator for MetaTrader 5

The Modified Moving Average Convergence and Divergence indicator, calculated as a technical indicator data for Demark . The indicator is implemented in the form of a colored cloud.

The indicator was first implemented in MQL4 and released in the code base on August 24, 2007.

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.

CronexDeMarker - indicator for MetaTrader 5

Figure 1. CronexDeMarker indicator


Attachment download

📎 cronexdemarker.mq5 (6.28 KB)

📎 smoothalgorithms.mqh (134.03 KB)

Source: MQL5 #2351

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