XD PO Indicator

XD PO Indicator
Download ALL MT5 indicators (5742)
YouTube Video Thumbnail



Similar MetaTrader Tools

XD PO Indicator

Info

The XD PO Indicator is a Indicator for MetaTrader 5 that the indicator is drawn as a colored cloud between a price and its double averaging. The indicator uses smoothalgorithms.

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 XD PO Indicator

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

The indicator is drawn as a colored cloud between a price and its double averaging.

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: Previous Day High, Low, and Close Indicator - another powerful indicator for MetaTrader 5 traders.

The indicator is drawn as a colored cloud between a price and its double averaging.

Also recommended: Quantora ADR Calculator MT5 - Professional Average Daily Range Indicator for MetaTrader 5 - similar indicator with strong performance on MetaTrader 5.

The indicator uses smoothalgorithms.mqh library classes which must be copied to the terminal_data_folder\mql5\include.
The use of the classes was thoroughly described in an article.
Originally this indicator has been written in MQL4 and was first published on 22.10.2026.

Indicator Overview

- The indicator is based on a price and its double averaging.
- It uses smoothalgorithms.mqh library classes.
- The indicator was originally written in MQL4 and has been updated for use in 2026.

You may also like: Session High-Low Indicator for MetaTrader - excellent alternative for indicator users on MetaTrader 5.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.00"
#property indicator_chart_window 
#property indicator_buffers 2 
#property indicator_plots   1
#property indicator_type1   draw_filling
#property indicator_color1  clrgreen,clrred
#property indicator_label1 "up;down"
#include <smoothalgorithms.mqh> 

.......

Leave your opinion, ask a question, share some knowledge

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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.