AbsolutelyNoLagLwma_x2_cloud_HTF - MetaTrader 5 script

Both indicators have absolutely no lag. Lwma is viewed from different time frames. The area between the lines is filled with clouds, the color of which corresponds to the trend direction of the market.

 //+------------------------------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------------------------------+
Input ENUM_TIMEFRAMES time range 1= PERIOD_H1 ; //Chart time range
Input ENUM_TIMEFRAMES time range 2= PERIOD_H4 ; //Chart time range
//+------------------------------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------------------------------+
Input unit length = 7 ; // smoothing depth
Enter Applied_price_IPC=PRICE_CLOSE_; //Price constant
Input integer shift = 0 ; // bar moves horizontally
Enter integer price movement = 0 ; // vertical movement points

In order for the indicator to run, the absolute NoLagLwma.ex5 indicator must be added to \MQL5\Indicators folder.

Figure 1. Indicator AbsolutelyNoLagLwma_x2_cloud_HTF

Attachment download

📎absolutelynolaglwma.mq5 (19.73 KB)

📎 absolutelynolaglwma_x2_cloud_htf.mq5 (19.2 KB)

Source: MQL5 #20998