Traditional Itrend - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources
If the red chart is greater than zero and growing - then bullish (if at the same time the blue chart is less than zero and falling - the uptrend is becoming stronger)
If the red chart is less than zero and falling - going down (if at the same time the blue chart is greater than zero and growing - the downtrend is getting stronger)
Common Parameters - Parameters that affect both lines:
Attachment download
📎 Itrend_Old.mq4 (5.42 KB)
Source: MQL5 #7471
Traditional Itrend - MetaTrader 4 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Traditional Itrend - MetaTrader 4 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 on titles or short-term profit descriptions.
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