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Published:

2014.03.11 13:56

Updated:

2023.03.29 13:47

\MQL5\Include\

smoothalgorithms.mqh (134.03 KB) view

tdi-2.mq5 (8.61 KB) view

tdi2_bars.mq5 (7.63 KB) view

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The indicator changes the bar color to the color of the current trend calculated based on the TDI-2 custom indicator. If the trend and candlestick direction match, the color of the bar is light, if opposite, the bar is dark.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the 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".

Figure 1. Indicator TDI-2_BARS

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2102

DEMA_RLH

A system of three Moving Averages.

XDPO

The indicator is drawn as a colored cloud between a price and its double averaging.

XChannel

A channel build on the values of two moving averages of High and Low, drawn as a cloud.

Laguerre_ROC

The ROC indicator smoothed by Laguerre filter drawn as a color histogram.

TDI-2 BARS - indicator for MetaTrader 5