Fractional_Bands_HTF - MetaTrader 5 Script - MT4/MT5 Resources

This indicator has timeframe selection options available in the input parameters of Fractional Bands :

 Input ENUM_TIMEFRAMES time range = PERIOD_H4 ; // Indicator chart period (time range)

The Fractional_Bands_HTF repeater indicator requires the compiled custom indicator file Fractional_Bands.mq5 for compilation. Place it in <Terminal Data Folder>\MQL5\Indicators .

After compilation, the Fractional_Bands_HTF.ex5 indicator file contains the Fractional_Bands.ex5 indicator as a resource , therefore the compiled indicator does not need to be present in the terminal folder to work! For this purpose, corresponding code has been added to the indicator code to include the Fractional_Bands indicator in the executable.

Metrics executable has been added as a global scope resource

Change the string path to the indicator used as a resource in the OnInit() function block

Therefore, the compiled executable of the Repeater indicator can be used independently on other trading terminals without the original indicator.

Figure 1. Fractional_Bands_HTF indicator

Attachment download

📎 fractional_bands.mq5 (37.94 KB)

📎 fractional_bands_htf.mq5 (22.01 KB)

Source: MQL5 #17090