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BSI Trend Indicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

BSI Trend Indicator - indicator for MetaTrader 5

This indicator shows the status of the trend using the BSI indicator .

It is derived by combining the BSI value and LWMA.

A separate window is the BSI indicator (version 2.4).

BSI Trend Indicator - indicator for MetaTrader 5


Attachment download

📎 bsi_trend_indicator_v1.1.mq5 (31.18 KB)

📎 bounce_strength_indicator_v2.4.mq5 (28.22 KB)

Source: MQL5 #13988

BSI Trend Indicator - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions

BSI Trend Indicator - 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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