The TRIX indicator is a powerful tool that gives you the flexibility to adjust the averaging algorithm to fit your trading style.
This nifty indicator utilizes the classes from the SmoothAlgorithms.mqh library. To get started, simply copy the file to your <terminal_data_folder>\MQL5\Include. If you want to dive deeper into how these classes work, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. XTRIX
Related Posts
- Mastering the Open Range Breakout Indicator for MetaTrader 5
- Unlock Trading Insights with Volume Profile + Range v6.0 for MetaTrader 5
- ID Lite Info MA: A Comprehensive Indicator for MetaTrader 5
- Unlocking Trading Insights with Volume Profile + Range v6.0 for MetaTrader 5
- Mastering the Fibonacci ZigZag Indicator for MetaTrader 5