SignalCandelsHighOpen - MetaTrader 5 Library - MT4/MT5 Resources
The entire chain: Candels high opening indicator, EA trading is based on Candels high opening signal module.
If the indicator is placed in another folder, for example \MQL5\Indicators\Examples\, the path of the indicator will be as follows:
Buy and sell signals:
Since the Candels Open High indicator contains only three values in its buffer:
When generating an EA via the MQL5 Wizard, search for signal modules with the description "Analyze high and open prices of the last three bars":
Attachment download
📎 signalcandelshighopen.mqh (14.71 KB)
Source: MQL5 #16861
SignalCandelsHighOpen - MetaTrader 5 library usage and filtering recommendations
SignalCandelsHighOpen - MetaTrader 5 library is a resource 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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