Average Heat Map - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Also included are commonly used things (line style, color, thickness) and 22 commonly used prices. This indicator is the same as the Average Rainbow except that it only plots a heatmap of two states, which is basically the slope of the average. In the example, the rainbow image is on the main chart and the heat map is in its subwindow.
Attachment download
📎 averages_heatmap.mq5 (20.84 KB)
Source: MQL5 #18035
Average heat map - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Average Heat Map - 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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