If you’re looking to sharpen your trading edge, the 2XMA Ichimoku Oscillator is a nifty tool to consider. This oscillator is designed to visualize the difference between two smoothed Tenkan-Sen lines of varying periods, and it presents this difference in a colorful histogram format.
To get started with this indicator, make sure you have the XMA_Ichimoku.ex5 file saved in your <terminal_data_directory>\MQL5\Indicators folder. This is essential for the indicator to function properly.
Additionally, the 2XMA Ichimoku Oscillator relies on the SmoothAlgorithms.mqh library. You’ll need to copy this over to your <terminal_data_folder>\\MQL5\Include. For an in-depth look at how these classes work, don’t miss checking out the article on Averaging Price Series for Intermediate Calculations Without Using Additional Buffers.
Fig.1. Indicator 2XMA_Ichimoku_Oscillator
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