FanSimple8 - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
FanSimple shows the correctness of moving average fan reversals on different time frames. The indicator consists of four moving averages with values 5, 21, 55, 233, shown on the chart. - Free download of the "FanSimple8" indicator for MetaTrader 4 designed by "Scriptor" in the MQL5 code base, March 25, 2016
Attachment download
📎p_FanSimple8_for_me.mq4 (14.71 KB)
Source: MQL5 #7147
FanSimple8 - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
FanSimple8 - 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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