DynamicRS_3CLines - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
The fourth indicator in this series, not averaged.
The warning is the same as before: to make a decision to open a position, you need to wait for the completion of the bars, where the yellow line moves between the trend lines. Trends over longer time frames should be considered when making decisions.
Attachment download
📎 DynamicRS_3CLines.mq4 (2.54 KB)
Source: MQL5 #7420
DynamicRS_3CLines - MetaTrader 4 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
DynamicRS_3CLines - MetaTrader 4 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 on titles or short-term profit descriptions.
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