Fig1. The XΠ‘Π‘XCandleKeltnerPluse indicator

XCCXCandleKeltnerPluse – indicator MetaTrader 5

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The XΠ‘Π‘XCandleKeltner indicator with the breakout indication option. Depending on the value of the indicator’s input parameter:

input ENUM_COLOR_MODE Mode=ENUM_LEVELS; //Breakout indication method

There are two variants of color indication of breakout:

  1. Breakout of overbought/oversold levels;
  2. Breakout of Keltner channel borders.

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

Fig1. The XΠ‘Π‘XCandleKeltnerPluse indicator

Fig1. The XΠ‘Π‘XCandleKeltnerPluse indicator


XCCXCandleKeltnerPluse – indicator MetaTrader 5
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