Metatrader 4 Indicator | MITP - Multi-Indicator Trend Painter | Source Code Included

MITP – Multi-Indicator Trend Painter

Trend-following indicator that combines up to 29 TradingView-style indicators (ALMA, AO, MACD, PPO, RSI MA, CCI MA, Fisher, KAMA, TSI, Chop Zone and more). Each one can be switched on/off in the inputs.

How it works

1- When ALL enabled indicators agree (all rising/above zero, or all falling/below zero), the high (buy) or low (sell) of that candle is stored as a trigger.

2- The first candle that CLOSES beyond the trigger paints the candles green (buy) or red (sell).

3- A pending trigger is only discarded when the opposite conjunction appears.

4- Everything is evaluated on closed candles only, so it does not repaint.

Ideal for to operate on the first 2h of Open-Bells (Nikkei225, DAX and S&P500), and long hours volatility events.

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