DEMA_RLH - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Three moving average system. The indicator draws colored clouds based on three MAs:
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.
The indicator was originally written in MQL4 and first published in the code base on October 22, 2007.
Figure 1. Indicator DEMA_RLH
Attachment download
📎 dema_rlh.mq5 (9.28 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #2101
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