Building Multi-Oscillator Round and Sector Gauges in MQL5
Summary
The article develops an MQL5 indicator that displays RSI, CCI, and MFI values in configurable round or sector-style gauges. Users can select one oscillator, a pair, or all three. The design uses a shared gauge framework with derived styles, separate scale and needle layers, and chart-relative positioning to align multiple displays. It also adds support for different value ranges, including placing a zero mark where needed for indicators such as CCI.
The article outlines the indicator’s buffers, selection options, rendering components, and cleanup, and reports a compiled visual example. Its contribution is chiefly a visualization and implementation pattern for monitoring several oscillator readings together; it does not propose a trading rule or present performance evidence. Gauge appearance and scale settings can be adapted to other data, but the displays themselves do not establish that any oscillator signal predicts returns.
Key ideas
- The indicator can display RSI, CCI, and MFI in configurable combinations.
- Derived classes provide round and partial sector gauge styles within a shared framework.
- Separate scale and needle layers support the visual rendering of each gauge.
- Zero-mark positioning helps represent indicators with values on both sides of zero.
- The article demonstrates a visualization tool, not a tested trading strategy.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.