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Long and Short - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 2 reads | 0 comments |

Bulls and Bears - indicator for MetaTrader 5

Usually we have one indicator showing bullish power and one indicator showing shortish power.

Since they do not have the same value range, they cannot be placed in the same window so that we have an integrated long and short power window. This indicator does this, and thanks to MetaTrader 5's new styling, it's not confusing - it's actually easy to read the overall status of both forces. This way we can have more free space on the chart and still see more information than before.

Bulls and Bears - indicator for MetaTrader 5


Attachment download

📎 bulls_and_bears.mq5 (7.5 KB)

Source: MQL5 #20490

Long and Short - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions

Long and Short - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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