ColorXFisher_org_v1_X20_Cloud - MetaTrader 5 script

The ColorXFisher_org_v1_X20 indicator is characterized by background filling of overbought/oversold areas. Fill size and position adjustable via input

 Enter double high level M=+ 2.30001 ; // maximum overbought level
Enter double high level = + 1.0001 ; // overbought level
Enter double midlevel = 0.0 ; // midlevel
Enter double low level = - 1.0001 ; // oversold level
Enter double low level M=- 2.3001 ; // minimum overbought level

When launching the indicator, you can only change the style and color of the second indicator line on the Indicator Enter Color tab, while the remaining lines will have a similar appearance.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

In order to provide correct operation of the indicator, please compile the indicator file XFisher_org_v1.ex5 in Terminal_data_folder\MQL5\Indicators.

Figure 1. ColorXFisher_org_v1_X20_Cloud metric

Attachment download

📎 ColorXFisher_org_v1_X20_Cloud.mq5 (28.36 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 XFisher_org_v1.mq5 (18.01 KB)

Source: MQL5 #23013