MetaTrader 5 – Guide to Using Technical Indicators in Expert Advisors
MQL5 for Newbies: Guide to Using Technical Indicators in Expert Advisors
Introduction
An Expert Advisor or indicator that doesn’t use standard technical indicators in its code is rare. They are popular both for the beginners and advanced developers of trading strategies. It isn’t difficult to understand the details of indicator creation; the aim of this article is to help with it. We will consider the use of the functions for working with built-in standard technical indicators.
Fundamentals of Using Functions of Standard Technical Indicators
When being called, each function of a technical indicator creates a handle of the object created (indicator’s instance) with specified input parameters. The purpose of the handle is to assign it with this object. It’s quite sufficient to get the data from the indicator buffer and use it in your own calculations.
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