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J2JMACandle - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

J2JMACandle - indicator for MetaTrader 5

This J2JMA serves as an indicator for candlestick sequence implementation. Candlestick charts are the result of the J2JMA algorithm processing related price time series.

In many cases, this approach may provide more information for analytical purposes.

This indicator requires the compiled indicator file J2JMA.ex5. Place it in <terminal data folder>\MQL5\Indicators.

J2JMACandle - indicator for MetaTrader 5

Figure 1. J2JMACandle indicator


Attachment download

📎 j2jma.mq5 (7.36 KB)

📎 j2jmacandle.mq5 (7.36 KB)

📎 smoothalgorithms.mqh (130.19 KB)

Source: MQL5 #13835

J2JMACandle - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions

J2JMACandle - 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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