Multi colored trend indicator MT5 - indicator for MetaTrader 5

Md Sakhawat Hossain
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1780
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(5)
Published:
2023.11.03 02:54
Multi-colored_trend_indicator.mq5 (4.67 KB) view
Download as ZIP, How to download code from MetaEditor
The Multi-Colored Trend Indicator is a simple but effective way to identify trends in the
market. In this Indicator I used two moving averages to calculate the trend direction and
changed color depending on the trend direction (green for uptrend, red for downtrend).
This indicator is easy to use and understand.

It's developed for learning purposes only. I hope It will give you a basic understanding of
how multi-colored indicators work.

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