NELODI Trend Painter - MetaTrader 5 Library - MT4/MT5 Resources

The trend indicator is based on calculations similar to those in "Ichimoku Kinko Hyo", with a wide range of drawing styles and parameter fine-tuning calculations. It can be used alone or in combination with the NELODI trading terminal.

When using with the NELODI trading terminal, make sure to add the "NLD_TrendPainter" before adding the "NLD_Main" indicator to the NELODI trading terminal, as the trend painter uses XOR when drawing and will mess up the color of the main indicator in the trading terminal if it is placed on top of it.

Disclaimer: This software is provided by the copyright holders and contributors "as is" and any express or implied warranties are provided, including, but not included, limited to the implied warranties of merchantability and fitness for a particular purpose. In no event shall the copyright owners or contributors be liable for any direct, indirect, incidental, special, exemplary, or consequential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) on any theory of liability, whether contract, strict liability, or tort (including negligence or otherwise) however caused, arising out of the use of this software, even if advised of the possibility of such damages.

Use at your own risk!

Attachment download

📎 screenshot.png (23.76 KB)

📎 nld_tp_include.mqh (37.19 KB)

📎 nld_trendpainter.mq5 (61.9 KB)

Source: MQL5 #26868