Center Of Gravity OS M A
What this tool does
The Center Of Gravity OS M A is a Indicator for MetaTrader 5 that the indicator represented by a colored osma histogram. Smoothed difference between the main and the signal Center of Gravity lines serves as a source for the histogram.
Typical Use Case
This tool is typically used for enhancing chart analysis and decision making.
Compatible Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup Location
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Center Of Gravity OS M A
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
The indicator represented by a colored OSMA histogram. Smoothed difference between the main and the signal Center of Gravity lines serves as a source for the histogram.
Indicator uses the СMoving_Average class of the SmoothAlgorithms.mqh library. Working with that class was described in details in the article .
Fig.1. The CenterOfGravityOSMA indicator