DotsCandle - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This serves as an indicator of candlestick sequence realization. Candlestick charts are the result of processing related price time series by the Dots algorithm.
In many cases, this approach may provide more information for analytical purposes.
Figure 1. Spot Candlestick Indicator
Attachment download
📎 dots.mq5 (9.46 KB)
📎 dotscandle.mq5 (7.35 KB)
Source: MQL5 #14276
DotsCandle - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
DotsCandle - 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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