Binary Trading Based on Candle Color - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources




This indicator demonstrates the use of MT5 global variables to send trading signals.
The global variables used can be verified by pressing F3 to display MT5 global variables, as shown in the image below.

Good luck and enjoy.
Attachment download
📎 simple-candle-colors.mq5 (5.71 KB)
Source: MQL5 #68693
Binary trading based on candle color - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Binary trading based on candle color - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources are resources 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 on titles or short-term profit descriptions.
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