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

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Published:

2015.07.02 11:04

Updated:

2023.03.29 13:45

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

rainbow_clouds.mq5 (10.93 KB) view

rainbow_clouds_htf.mq5 (13 KB) view

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The Rainbow_Clouds indicator with the timeframe selection option available in the input parameters:

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

This indicator requires Rainbow_Clouds.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The Rainbow_Clouds_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13067

Rainbow_Clouds

A fan of Moving Averages implemented as a group of cloud indicators.

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Rainbow_Clouds_HTF - indicator for MetaTrader 5