ColorXFisher_org_v1_X20 is a powerful indicator designed for MetaTrader 5, featuring customizable background fills in overbought and oversold areas. You have the flexibility to adjust the filling size and position through the input settings.
input double HighLevelM=+2.30001; // maximum overbought level input double HighLevel=+1.0001; // overbought level input double MidLevel=0.0 // middle level input double LowLevel=-1.0001 // oversold level input double LowLevelM=-2.3001 // minimum overbought level
When you fire up the indicator, you can easily tweak the style and color of the first indicator line. This is done in the indicator inputs color tab, while the other lines will maintain a consistent appearance.
The ColorXFisher indicator leverages the SmoothAlgorithms.mqh library classes. To ensure everything runs smoothly, just copy this file into your <terminal_data_folder>\MQL5\Include directory. You can find more about these classes in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
For the indicator to work correctly, make sure you place the compiled XFisher_org_v1.ex5 file in your terminal_data_folder\MQL5\Indicators.
Fig. 1. ColorXFisher_org_v1_X20_Cloud indicator
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