ColorMETRO_XRSX - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Trend Labs Ltd.
Oscillator type indicator, based on the XRSX technical indicator. The XRSX indicator is represented by blue color and the color of the cloud changes depending on the trend direction. The lime-gray color of the cloud is a buy signal, and the red-pink color is a sell signal.
This indicator requires the XRSX.ex5 indicator file. Place it in <terminal data folder>\MQL5\Indicators.
Figure 1. ColorMETRO_XRSX indicator
Attachment download
📎 colormetro_xrsx.mq5 (10.18 KB)
📎 xrsx.mq5 (12.14 KB)
📎 smoothalgorithms.mqh (130.19 KB)
Source: MQL5 #14541
ColorMETRO_XRSX - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
ColorMETRO_XRSX - MetaTrader 5 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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