XM A-XN: A Comprehensive Moving Average Indicator
Info
The XM A-XN: A Comprehensive Moving Average Indicator is a Indicator for MetaTrader 5 that the xm a-xn indicator features a fan of one hundred xma moving averages. Indicator buffers are declared using a simplified class for code optimization.
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 XM A-XN: A Comprehensive Moving Average 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 XM A-XN indicator features a fan of one hundred XMA moving averages.
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: MT5 Trade Report Table: Comprehensive Account Statistics - another powerful indicator for MetaTrader 5 traders.
The XM A-XN indicator features a fan of one hundred XMA moving averages. Indicator buffers are declared using a simplified class for code optimization. To modify the number of lines displayed on the chart, adjust the 'lines_total' constant.Also recommended: volume average percent - similar indicator with strong performance on MetaTrader 5.
Supported Moving Average Types:
- Simple Moving Average
- Exponential Moving Average
- Smoothed Moving Average
- Linear Weighted Moving Average
- JMA Adaptive Average
- Ultralinear Smoothing
- Parabolic Smoothing
- Tillson's Multiple Exponential Smoothing
- Smoothing using Tushar Chande's Algorithm
- Smoothing using Perry Kaufman's Algorithm
Important Note on Phase Parameters:
Phase type parameters hold different meanings across various smoothing algorithms. For JMA, it is an external phase variable ranging from -100 to +100. For T3, it is a smoothing ratio multiplied by 100 for enhanced visualization. For VIDYA, it represents the CMO oscillator period, and for AMA, it is the slow EMA period. These parameters do not influence smoothing in other algorithms.
AMA Specifics:
For AMA, the fast EMA period is a fixed value, defaulting to 2. The exponentiation ratio is also set to 2 for AMA.
Indicator Input Parameters:
This indicator utilizes classes from the 'smoothalgorithms.mqh' library. Ensure this library is copied to your terminal_data_folder\mql5\include directory. The usage of these classes is detailed in the associated article.
You may also like: directed movement - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_separate_window
#define lines_total 100 // the constant for the number of the indicator lines
#define reset 0 // the constant for getting the command for the indicator recalculation back to the terminal
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property indicator_buffers lines_total
#property indicator_plots lines_total
#property indicator_type1 draw_line.......
⚠ 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.