Smooth Lines
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 Smooth Lines
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 shows the use of the free Library for Custom Chart library for the automatic connection of the indicators to iCustomChart custom charts created on the basis of custom history files.
The presence of iCustomChart custom chart is checked when attaching the indicator to a chart window. In case a custom chart has been uploaded, the library functions use the data of that chart. Otherwise, the data of a standard chart is used. Therefore, the indicator can work both with custom and standard charts without the need for any changes.
Instructions
Download library file and place it to the
terminal_data_folder\MQL5\Libraries
Download the file containing the library functions description LibCustomChart.mqh and place it to the
terminal_data_folder\MQL5\Include
Download Nikolay Kositsin's SmoothAlgorithms.mqh file containing the description of smoothings classes and place it to the
terminal_data_folder\MQL5\Include
Download the iSmoothLines.mq5 file and place it to the
terminal_data_folder\MQL5\Indicators
Download iSmoothLines.mq5 to MetaEditor and compile (
F7
)
iSmoothLines.ex5 indicator can be launched both on a standard and custom chart created with the use of