XHullTrend_Digit_System - MetaTrader 5 Script - MT4/MT5 Resources

This indicator uses the breakout system XHullTrend_Digit Indicator Cloud.

When the price leaves the cloud, the color of the candle changes to the color corresponding to the direction of the trend: blue for upwards and pink for downwards. Bright colors indicate that the trend direction is in line with the direction of the candlestick. Dark colors correspond to situations where the candlestick direction is opposite to the trend. The color of the candle enclosed within the cloud is consistent with the previous trend.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). A detailed description of the class can be found in the article Average price series for intermediate calculations without using additional buffers .

Figure 1. XHullTrend_Digit_System

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 XHullTrend_Digit_System.mq5 (20.91 KB)

Source: MQL5 #22197