XMA_RLH - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
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A typical trend indicator drawn based on three moving averages.
The indicator was first implemented in MQL4 and released in the code base on October 22, 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.
Figure 1 XMA_RLH indicator
Attachment download
📎 smoothalgorithms.mqh (134.03 KB)
📎 xma_rlh.mq5 (9.97 KB)
Source: MQL5 #1447
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