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XXMA
Info
The XXMA is a Indicator for MetaTrader 5 that xrust & vinina digital adaptive moving average (xxma) represents a subtype of moving averages with a digital flat-trend filter. It is designed to separate the angular direction of price movement (trend) from the horizontal (flat) direction for effective trend trading.
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 XXMA
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
Xrust & VininA digital adaptive moving average (XXMA) represents a subtype of moving averages with a digital flat-trend filter.
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: exchange price - another powerful indicator for MetaTrader 5 traders.
Xrust & VininA digital adaptive moving average (XXMA) represents a subtype of moving averages with a digital flat-trend filter. It is designed to separate the angular direction of price movement (trend) from the horizontal (flat) direction for effective trend trading.
Also recommended: color linear regression - similar indicator with strong performance on MetaTrader 5.
As shown in the figure, during a trend movement, the XXMA line stays above or below the price chart, constantly changing its position and drawing a bounding line. During horizontal movement (flat), it maintains a fixed position. The signal to enter a trade is a closing bar above or below the indicator line on the slant, while the signal to close the position is the crossing or closing of the indicator line into the opposite side on the horizontal position.
This indicator was first implemented in MQL4 and published on 17.08.2022. It utilizes the smoothalgorithms.mqh library classes, which must be copied to the terminal_data_folder\mql5\include. The use of these classes was detailed in an article.
Fig.1 The XXMA Indicator
You may also like: fractals - adjustable period and prices - 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_chart_window
#property indicator_buffers 1 .......
⚠ 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.