Decision Colored Candles - MT5 - MetaTrader 5 Script | Forex Indicators Download - MetaTrader 5 Resources
Confidence in the meaning of the candles increases with the body range percentage, which should be higher than or equal to 50%, so the indicator colors these candles while leaving other candles as the default color of the chart
Attachment download
📎 decision_candles_colored.mq5 (3.58 KB)
Source: MQL5 #50992
Decision Colored Candles - MT5 - MetaTrader 5 Script | Forex Indicator Download - MetaTrader 5 Resource Usage and Screening Suggestions
Decision Colored Candles - MT5 - MetaTrader 5 Script | Forex Indicator Download - MetaTrader 5 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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