SatlMacd - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator is an oscillator based on the difference between the average Sutter number filter and the closing price.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to the 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.SatlMacd indicator
Attachment download
📎 smoothalgorithms.mqh (134.03 KB)
📎 satlmacd.mq5 (16.58 KB)
Source: MQL5 #2342
SatlMacd - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
SatlMacd - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. 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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