This indicator draws candlesticks in accordance with the color of the bars in histogram of the 2pbIdealXOSMA indicator. Growing candlesticks are colored in light colors, falling are colored in the dark colors.
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”.
MT5 Indicator – Download Instructions
2pbIdealXOSMA Candles is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
2pbIdealXOSMA Candles provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install 2pbIdealXOSMA Candles.mq5?
- Download 2pbIdealXOSMA Candles.mq5
- Copy 2pbIdealXOSMA Candles.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on 2pbIdealXOSMA Candles.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator 2pbIdealXOSMA Candles.mq5 is available on your Chart
How to remove 2pbIdealXOSMA Candles.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: