ExchangePrice - MetaTrader 5 Script - MQL5 #11366 - MT4/MT5 Resources
This indicator shows the change of the current price relative to the previous price of countBarsS/countBarsL bars.
The indicator was first implemented in MQL4 and published in the code base on November 12, 2013.
Figure 1. Exchange price indicators
Attachment download
📎 exchangeprice.mq5 (5.25 KB)
Source: MQL5 #11366
ExchangePrice - MetaTrader 5 Script - MQL5 #11366 Usage and Filtering Advice
ExchangePrice - MetaTrader 5 Script - MQL5 #11366 is a resource related to foreign exchange indicators. 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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