Fig. 1. Indicator ColorPEMA_Digit

ColorPEMA_Digit – indicator MetaTrader 5

by

A five-fold exponential moving average that displays the most recent value as a price label with the possibility to round the indicator levels to the required number of orders The number of digits to round is set in the input variable Digit:

input uint Digit=3; //Number of digits to round to

The indicator uses the classes of library SmoothAlgorithms.mqh (to be copied to <terminal_data_folder>MQL5Include). The use of the classes is described in details in article Averaging Price Series for Intermediate Calculations without Using Additional Buffers.


Fig. 1. Indicator ColorPEMA_Digit


https://www.mql5.com/ru/code/23426

ColorPEMA_Digit – indicator MetaTrader 5
📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
Alternative:   Optimal F for MQL5 (per Ralph Vince) - library MetaTrader 5

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