Fx10Setup - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
A simple trend indicator based on a set of several technical indicators. The start of a strong trend is indicated by bars of the corresponding color.
Figure 1. Fx10Setup indicator light
Attachment download
📎 fx10setup.mq5 (9.96 KB)
Source: MQL5 #13076
Fx10Setup - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
Fx10Setup - 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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