T3_Dual Band - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
Three T3s are calculated: the highest price (upper line), the closing price (middle line), and the lowest price (lower line).
When the upper 2 have the same slope (up or down), the band between them also changes to show the trending T3 combination of the upper two. The same rules apply to lower frequency bands.
Attachment download
📎 t3_double_bands.mq5 (7.81 KB)
Source: MQL5 #16715
T3_Double Band - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
T3_Double Band - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script 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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