Standardized Price Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
By using this indicator you can view normalized prices on any chart! You can use this indicator to spot divergences in the market, or you can also put the normalized prices of multiple currency pairs (AUDUSD blue, GBPUSD red, GBPAUD yellow) on a window, as shown in the third image, to do some 3D analysis!
In the updated version I added a moving average to this oscillator, the parameters of which can be configured in the settings page. Additionally, you can hide this additional MA by setting DrawMA to false.
Attachment download
📎 gioteen-norm.mq4 (4.35 KB)
Source: MQL5 #17280
Standardized Price Indicator - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Standardized Price Indicator - MetaTrader 4 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
- •
- •
- •
- •
- •
- •