Signal Candles - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
The Signal Candles indicator allows you to filter candles by predefined criteria (direction, minimum size, upper tail to candle ratio, lower tail to candle ratio, etc.) and receive alerts when such candles appear on your chart.
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Attachment download
📎 signal_candles.mq4 (12.7 KB)
Source: MQL5 #19871
Signal candle - MetaTrader 4 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Signal Candle - MetaTrader 4 Script | Trading Script Download - MT4/MT5 resources are trading script 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.
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