XPeriodCandle_main - MetaTrader 5 Script - MT4/MT5 Resources
Indicator XPerod candles are in the main chart.
The indicator uses the smoothing algorithm. mqh library course. The article details a collaboration with them to average price series for intermediate calculations without using additional buffers .
Figure 1. Indicator XPeriodCandle_main in candlestick chart
Figure 2. XPeriodCandle_main indicator in bar chart
Attachment download
📎 SmoothAlgorithms.mqh (130.2 KB)
📎 XPeriodCandle_main.mq5 (16.75 KB)
Source: MQL5 #21142
XPeriodCandle_main - MetaTrader 5 script usage and filtering suggestions
XPeriodCandle_main - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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