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What is an indicator? It is a set of calculated values that we want to be displayed on the screen in a convenient way. Sets of values are represented in programs as arrays. Thus, creation of an indicator means writing an algorithm that handles some arrays (price arrays) and records results of handling to other [...]

Read more about MQL5: Create Your Own Indicator – MQL5 Wizard and view this post/page in full.

Jan 20th, 2010 | Filed under MetaTrader 5