WATR trend indicator, simple but clear - MetaTrader 4 script | Forex indicator download - MT4/MT5 resources
A simple trend indicator that clearly shows the direction of the current trend. It can be used to breakout trading systems.
Attachment download
📎 WATR.mq4 (5.18 KB)
Source: MQL5 #7074
WATR trend indicator, simple but clear - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
WATR trend indicator, simple but clear - 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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