MaksiGen_Range_Move - MetaTrader 4 Script - MT4/MT5 Resources
As I recall, this indicator was written by OlegVS for МТ3 and was used to determine flat. If the price is within the dotted channel - flat. MaksiGen redesigned it for МТ4. - Free download of the "MaksiGen_Range_Move" indicator for MetaTrader 4 via "Scriptor" in the MQL5 code base, April 26, 2016
Attachment download
📎MaksiGen_Range_Move.mq4 (4.82 KB)
Source: MQL5 #7338
MaksiGen_Range_Move - MetaTrader 4 script usage and filtering suggestions
MaksiGen_Range_Move - MetaTrader 4 script is a resource 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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