Candels High Open - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The entire chain: signal candles open high indicator signal module, EA based on signal module - Candels open high .
If the last three bars (disregarding the zero bar) are rising:
Indicates that the indicator generates a "+1" signal.
If the last three bars (disregarding the zero bar) are falling:
Indicates that the indicator generates a "-1" signal.
If the last three bars (disregarding the zero bar) neither rise nor fall, the signal is "0".
At the same time, the indicator has a reversal signal parameter — false/true values change the signal sign:
Attachment download
📎 candels_high_open.mq5 (7.78 KB)
Source: MQL5 #16858
Candels high opening - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Candels High Open - 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.
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