cm_ind_level_cndl - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author : cmmillion@narod.ru
This indicator shows price pivot points.
Prices often reverse when a candlestick forms a pattern such that all of its shadows can be crossed by a line.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on July 28, 2016.
Figure 1. cm_ind_level_cndl indicator
Attachment download
📎 cm_ind_level_cndl.mq5 (14.97 KB)
Source: MQL5 #18003
cm_ind_level_cndl - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
cm_ind_level_cndl - 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
- •
- •
- •
- •
- •
- •