H_L_ - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Real author : unknown
A redraw channel with two upper and two lower boundaries. The algorithm is similar to zigzag.
The indicator was originally developed in MQL4 and first published in the code base on September 14, 2007.
Figure 1. H_L_ indicator
Attachment download
📎 h_l_.mq5 (24.35 KB)
Source: MQL5 #18426
H_L_ - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
H_L_ - 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
- •
- •
- •
- •
- •
- •