Mastering the Float Pivot Digit Box Indicator for MetaTrader 5

Mike 2019.02.07 17:46 25 0 0
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Welcome, fellow traders! Today, we're diving into the Float Pivot Digit Box indicator for MetaTrader 5. This handy tool displays the latest closed values using colored rectangles and background fills, making it easier to visualize key levels in your trading strategy.

Indicator Input Parameters

//+----------------------------------------------+//| Indicator input parameters                   |//+----------------------------------------------+inputstring SirName="Float_Pivot_Digit_Box";       //Object nameinputENUM_TIMEFRAMES Timeframe=PERIOD_D1;          //Indicator timeframe for calculating the indicatorinputuint   NumberofBar=1;                         //Bar number to calculate the indicatorinputint IPeriod=100;                              //Extremums searching periodinput ENUM_APPLIED_PRICE_ IPC=PRICE_MEDIAN_;        //price constantinputuint Digit=2;                                 //number of digits to round toinputbool ShowPrice=true;                          //show price labelsinputcolor Upper_color=clrTeal;                    //Color of the upper price labelinputcolor Middle_color=clrBlue;                   //Color of the middle price labelinputcolor Lower_color=clrMagenta;                 //Color of the lower price labelinputuint   BarsTotal=30;                          //number of bars of rectanglesinputuint   RightTail=5;                           //shifting the rectangles beyond the zeroth bar to the right in the current chart barsinputcolor  Color_Res=C'202,255,202';              //Color of the upper boxinputcolor  Color_Sup=C'255,176,255'              //Color of the lower box

To get this indicator up and running, make sure you add the Float_Pivot_Digit.ex5 file to your <terminal_data_directory>\MQL5\Indicators folder. This will allow the indicator to function properly and enhance your trading experience!

Fig. 1. Indicator Float_Pivot_Digit_Box

Fig. 1. Indicator Float_Pivot_Digit_Box

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