Loong M Ax96
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use Loong M Ax96
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
Loong
Draws 96 line MAs with only 100 lines of code (uses MyBuffer class).
History: The idea is got from Rosh's topic
And the idea in Chinese name, called 'jun xian liu'.(That means "Moving Average Line Flow".) I wanted to simplify the multi-indicator template with a multi-line indicator. But it means many repetitive codes.
Or I need two-dimensional array, one dimensional for time index, another dimensional for MAs[] index. In MQL4, it is impossible. (And MQL4 support only 8 line indicator.) Then we had MetaTrader 5 and MQL5, them support class. And class can hide one dimensional. So I achieved the first version, at (notice: the old class named 'CIndicatorBuffer' conflicts with same name in Indicator.mqh)
Later, a newer version be discussed at (Thank 'Rosh' and 'investeo'!)
And now, the newest version is here.
Input parameters:
Parameters? forget it! It work fine without changing parameters.
