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You liked the script? Try it in the MetaTrader 5 terminal
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- 3250
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- Published:
- 2016.02.16 15:27
- Updated:
- 2023.03.29 13:46
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The XEnvelopes3 indicator with the timeframe selection option available in the input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
The indicator requires XEnvelopes3.mq5 indicator file. Place it in terminal_data_folder\MQL5\Indicators.
Figure 1. The XEnvelopes3_HTF indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14780
![XEnvelopes3](https://c.mql5.com/i/code/indicator.png)
Three Envelopes channels, based on one moving average with different deviation values, drawn as a cloud.
![XEnvelopes2_HTF](https://c.mql5.com/i/code/indicator.png)
The XEnvelopes2 indicator with the timeframe selection option available in input parameters.
![ReversalNavi](https://c.mql5.com/i/code/indicator.png)
The indicator shows the entry point that follows the reversal bar.
![TangoLine](https://c.mql5.com/i/code/indicator.png)
The indicator displays rapid reversals to the dynamic change of the direction.