DevStops - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Variant of the DevStops indicator.
Some people mistakenly call this version Kase DevStops (it is not the case - the Kase DevStops indicator is calculated completely differently), but this version also has its advantages and can be used in regular support/resistance patterns.
Additionally, each DevStop value is colored according to the slope (trend) of the line - when all values are aligned in the same direction, it can be considered a confirmed trend change.
Attachment download
📎 dev-stops.mq5 (10.3 KB)
Source: MQL5 #19927
DevStops - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
DevStops - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
