Mars iCD
Info
The Mars iCD is a Indicator for MetaTrader 5 that trend indicator based on two rsi oscillators. The periods of the oscillators can vary, and the final indicator combines ADX and MACD technical indicators on one chart.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Mars iCD
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.
What this tool does
Trend indicator based on two RSI oscillators.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: streamСcandles - another powerful indicator for MetaTrader 5 traders.
Trend indicator based on two RSI oscillators. The periods of the oscillators can vary, and the final indicator combines ADX and MACD technical indicators on one chart. Interpret this indicator similarly to ADX and MACD.Also recommended: go ht f - similar indicator with strong performance on MetaTrader 5.
Originally implemented in MQL4 and published in 2022, this indicator uses the smoothalgorithms.mqh library classes, which must be copied to the terminal_data_folder\mql5\include. The use of these classes was described in detail in an article.
Input Parameters:
- marsicd
You may also like: 2PB Ideal XO SMA - excellent alternative for indicator users on MetaTrader 5.
Source Code
/*
* for the indicator to work, place the
* smoothalgorithms.mqh
* in the directory: metatrader\\mql5\include
*/
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_separate_window
#property indicator_buffers 6 .......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.