Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

CandleStop_System_HTF.mq5 (29.81 KB) view

\MQL5\Indicators\

CandleStop_System.mq5 (18.05 KB) view

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

CandleStop_System indicator with the timeframe selection option available in the input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)

For the indicator to operate, the CandleStop_System.ex5 indicator should be added to the <terminal_data_directory>\MQL5\Indicators folder.

Fig. 1. CandleStop_System_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21489

CandleStop_System

The indicator paints candles going beyond the CandleStop channel.

AMA three timeframes

The indicator is displayed using three horizontal lines of iAMA (Adaptive Moving Average, AMA) indicator from three different timeframes.

CenterOfGravityCandle_HTF

The CenterOfGravityCandle indicator with the timeframe selection option available in the input parameters.

3sma

The EA based on three iMA (Moving Average, MA) indicators.

CandleStop_System_HTF - indicator for MetaTrader 5