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Mastering the DRAW_FILLING Indicator for MetaTrader 5

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The DRAW_FILLING indicator is a powerful tool for traders using MetaTrader 5. It visualizes a channel based on two moving averages with different periods, displayed in a separate window.

One of the standout features of this indicator is that the color change of the channel signals a shift in trend. This can be a game-changer when you're trying to identify potential entry and exit points.

The DRAW_FILLING drawing style creates a filled area between the values of two indicator buffers. Essentially, it plots two lines and fills the area in between with a color of your choice. The channel colors update after a specified number of ticks, which you can adjust using the Properties window by setting the N variable.

Bear in mind that the initial properties of the plot1 graphic plot are defined using the DRAW_FILLING directive. These properties can be modified randomly during the OnCalculate() function, allowing for dynamic adjustments.

For more insights, check out The Drawing Styles in MQL5.

Image:

DRAW_FILLING

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