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Dear friends Forex traders programmers, Hello!
Today's lesson is devoted to the development of the indicator. We will learn How to write a indicator for Metatrader 5 in MQL5 respectively. It is an oscillator that displays the difference of two moving averages in the form of a color histogram.
the Indicator has four configurable settings:
MaFastPeriod — period of the fast MA;
MaSlowPeriod — period of the slow MA;
MaMethod — the Method used to price;
MaAppliedPrice — the actual — type prices.
the calculation Formula is defined as:
MAOS = MaFast — MaSlow
Let's write our indicator for the MetaTrader 5 terminal.
Instead of displaying the difference of values of the Moving Average, make a histogram display based on the RSI indicator. In lessons 6 and 7 we wrote to the advisers. Continue? Write an expert Advisor running on this indicator. Let this be a scalper, nightlight, i.e., one of the options which will work.
the Previous lessons on MQL5:
MQL5: Write multi-currency expert Advisor MQL5: Write Martingale EA on MQL5: MQL5 orders: Write the first Advisor MQL5: Create a dashboard MQL5: Write the indicator and the EA on the basis of the Index Correlation MQL5: How to write a script for Metatrader 5
best regards, Sergei aka xbms
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