If you're looking to enhance your trading strategy, the MultiXRSXSignal indicator for MetaTrader 5 is definitely worth a look. This handy tool gives you a clear view of current market trends by using the values from four different XRSX indicators across various time frames.
Each of the XRSX indicators corresponds to one of the four lines displayed on the chart. When the XRSX indicator is above its signal line, you’ll see a blue line, and when it’s below, it turns red. Plus, colored points pop up on the lines as the bars change for the relevant time frames, making it easy to spot shifts in momentum at a glance.
To get started with the MultiXRSXSignal, make sure you have the XRSX.mq5 indicator stored in your terminal_directory\MQL5\Indicators folder.
Also, keep in mind that the XRSX.mq5 indicator utilizes the SmoothAlgorithms.mqh library classes. You’ll need to copy these to your terminal_directory\MQL5\Include folder. If you’re curious about how these classes work, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers" for a deep dive.
Fig.1 The MultiXRSXSignal Indicator
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