ExVolV2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Alex Seed (executor)
ExVolV2 calculates the difference between the sum of the real bodies of rising and falling candlesticks in a given time interval.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on December 27, 2006.
Figure 1. ExVolV2 indicator
Attachment download
📎 exvolv2.mq5 (5.36 KB)
Source: MQL5 #15671
ExVolV2 - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
ExVolV2 - 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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