e_RP_250 - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
The author of the idea — Avars 8 , the author of the MQL5 code — Balabashka Kon .
Based on the EA trading point indicator. Chart layout for X point reversal. High quality ZigZag based on HiLo.
Figure 1 RPoint indicator
Six-month results for the H3 timeframe at USDJPY default settings:
Attachment download
📎 e_rp_250.mq5 (24.17 KB)
Source: MQL5 #17787
e_RP_250 - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
e_RP_250 - MetaTrader 5 Expert | 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.
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