RJT Match - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator helps determine the end and beginning of a trend based on the tendencies of the match.
These fundamental lines show their own tendencies and together they show the evolution of the price trend. This tells us how strong a trend is to continue or prepares us for upcoming changes.
Each match is the line between the opening price of one bar and the closing price of the next bar. It is ideal for day trading (scalping/swinging) on short timeframes (minutes/hours).
Attachment download
📎 rjt_matches.mq5 (4.53 KB)
Source: MQL5 #14428
RJT Match - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
RJT Match - 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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