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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2022.06.25 16:02
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Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
This indicator calculates and plots the exponential moving average of the true range, as well as an offset of the exponential moving average of its deviation.
The code uses conditional compilation and will compile on both MQL4 and MQL5.
Please note that all my CodeBase publications’ source code are now also available in “Public Projects” tab of MetaEditor under the name “FMIC”.
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Added alerts to custom indicator
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Candlestick chart without shadows
![MACD Four Colors Arrow](https://c.mql5.com/i/code/indicator.png)
A series of indicators 'Four Colors'. Signals are now 'Arrow' in the main window
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Expert is a joke! The position is opened at random!