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Rounding Indicator Channel Levels to a Chosen Number of Digits

Article MQL5 code base
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Summary

The i-CAi indicator displays its latest value as a price label and can round channel levels to a user-selected number of digits. The number of digits is controlled through an input setting. This affects how the indicator presents its levels; the document does not describe a new signal calculation or trading rule.

The indicator relies on a separate smoothing library, which must be installed in the platform’s include directory. The text points to a related explanation of the library’s averaging methods but gives no details of the indicator’s formula, chart behavior beyond the price label and rounded levels, or performance. It offers no backtest or evidence that a particular rounding choice improves decisions. The material is therefore a narrow implementation note for configuring an existing technical indicator, with limited information about its analytical use.

Key ideas

  • The indicator shows its latest value as a price label.
  • A user setting controls the number of digits used to round channel levels.
  • The indicator depends on a separate smoothing library that must be installed.
  • The document gives no strategy rules or evidence about trading performance.

Tags

Technical indicators

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.