SafeZoneV2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author:
Another change to the channel theme. The indicator draws channels within each safe zone represented.
The indicator was first implemented in MQL4 and released in the code base on December 23, 2009.
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 SafeZoneV2 indicator
Attachment download
📎 smoothalgorithms.mqh (133.8 KB)
📎 safezonev2.mq5 (7.55 KB)
Source: MQL5 #1230
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