Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

iMaxMinTrends - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

iMaxMinTrends - indicator for MetaTrader 4

iMaxMinTrends - indicator for MetaTrader 4

This indicator was co-authored with Vladmir Bocharov.

Main Idea - Determine the direction of the market by consistently connecting daily, weekly, monthly highs\lows with trend lines. In this case, the highs and lows of the levels themselves are also plotted on the chart.

Therefore, the indicator shows the most important levels and current trend direction on higher time frames (>H4).

The figures below are marked with white daily highs/lows, yellow - weekly, blue - monthly, red - half year.

iMaxMinTrends - indicator for MetaTrader 4

iMaxMinTrends - indicator for MetaTrader 4


Attachment download

📎 imaxmintrends.mq4 (8.66 KB)

Source: MQL5 #12091

Verification code Refresh