Join our fan page
- Views:
- 3970
- Rating:
- Published:
- 2016.10.10 15:31
- Updated:
- 2023.03.29 13:47
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Real author:
Alexander Piechotta
The Envelopes indicator with the use of the i-CAi indicator algorithm.
The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Fig.1. The i-CAiChannel indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16003

The i-CAi indicator displays the most recent value as a price label with the the possibility to round the channel levels up to a required number of digits.

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

Parallel use of the MetaTrader 4 and MetaTrader 5 order systems.

The indicator implements a breakthrough system using the i-CAiChannel channel.