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

XMACD_HTF_Signal displays the trend direction from the last three bars of the XMACD indicator as three graphical objects whose colors determine the trend direction.

Indicator input parameters:

The time frame and name of the financial assets used for indicator calculations can be changed through the appropriate input parameters of the indicator. If the Symbol_(financial asset) input parameter is empty, the current chart symbol will be used as the financial asset.

All input parameters can be divided into two major groups:

 //----Indicator display settings
Enter string Symols_Mr.Name = "XMACD_label_" ; // Indicator label name
Input color UpSymol_Color=lime; // Growth symbol color
Input color DnSymol_Color=red; //Color of downfall symbol
Input color IndName_Color=Dark Orchid; // Indicator name color
Input unit symbol_size = 34 ; // signal symbol size
Input unit font size = 15 ; // Indicator name font size
Input integer X_3= 120 ; // horizontal movement of name
Input integer Y_3= 10 ; // Name moves vertically
Input boolean display name = true ; // indicator name display
Input ENUM_BASE_CORNER what corner = CORNER_RIGHT_UPPER ; // position angle
Input unit X_= 0 ; // horizontal movement
Input unit Y_= 0 ; // vertical translation

If you want to use multiple XMACD_HTF_Signal indicators on one chart, each indicator should have its own Symbols_Sirname (indicator label name) string variable value.

Place the XMACD indicator compiled file and save it to terminal_data_folder\MQL5\Indicators\.

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.

Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 xmacd.mq5 (8.61 KB)

📎 xmacd_htf_signal.mq5 (12.72 KB)

Source: MQL5 #666