Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
A green tile means price is above both averages, the fast average is above the slow average, and ADX meets the selected strength level. A red tile applies the opposite conditions. A neutral tile means the market does not currently meet either complete trend condition.
The indicator creates and reuses its indicator handles during initialization. The panel is refreshed by timer, which keeps the chart responsive and avoids repeated handle creation on every tick.
Main inputs
1. Fast EMA Period sets the responsive moving average.
2. Slow EMA Period sets the broader trend average.
3. ADX Period controls the strength calculation.
4. Minimum ADX defines the required trend strength.
5. Use Closed Bar selects confirmed values from the previous candle.
6. Panel settings control location, colors and refresh speed.
The matrix is an analysis dashboard. It does not predict performance and does not place trades.
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