ColorJFatl_x2_cloud_HTF - MetaTrader 5 Script - MT4/MT5 Resources

The two indicators Color J Fatty are 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 = 5 ; //smooth depth
Input integer phase = - 100 ; // Smoothing parameter, // for JJMA, can vary in the range -100 ... +100. Affects the quality of the smoothing intermediate process;
// For VIDIA it is the CMO period, for AMA it is the slow moving average period
Enter Applied_price_IPC=PRICE_CLOSE_; //Price constant
Enter integer shift = 0 ; // indicator moves horizontally (in bars)
Input integer price movement = 0 ; // vertical movement of the indicator in points
//+------------------------------------------------+

For the indicator to work, the indicator ColorJFatl.ex5 must be located in the <terminal data directory>\MQL5\Indicators folder.

Figure 1. Indicator ColorJFatl_x2_cloud_HTF

Attachment download

📎 ColorJFatl_x2_cloud_HTF.mq5 (20.78 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 ColorJFatl.mq5 (8.42 KB)

Source: MQL5 #20977