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Trend Strength (Stop Loss) - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

Trend power (stop loss) - indicator for MetaTrader 4

The indicator is based on a comparison of the current price with six simple moving averages with periods 10, 20, 30, 40, 50 and 60. The values ​​of this indicator are fixed: -100, -66, -33, 0, 33, 66, 100. - Free download of the "Trend Power (Stop Loss)" indicator for MetaTrader 4 in the MQL5 code base, 2016.03.25


Attachment download

📎 thz42avc_5fbpbzqw9re2_dso3765ry_7wfccwand.mq4 (3.31 KB)

Source: MQL5 #7188

Trend Strength (Stop Loss) - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions

Trend Strength (Stop Loss) - 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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