Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | ColorX2MA Cloud Digit

Universal moving average that fills the chart space with a colored background and displays the most recent value as a price label with the possibility to round the channel levels up to a required number of digits. The number of digits to round is set in the input variable Digit:

input uint Digit=3; //Number of digits to round to

The moving average itself serves as the color separation line.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.1. The ColorX2MA_Cloud_Digit indicator

15701

Best MetaTrader Indicators + Profitable Expert Advisors