Forex Step and Fall Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource
The Up and Down Forex indicator plots price directional changes with a single arrow up or down on the trading chart.
New update of Gradual Up and Down forex indicator.
StepUpDown Forex indicators updated on 2014/06/23, including:
1. Update and add new formulas.
2. Add the ability to alert when an arrow appears or changes direction.
Attachment download
📎 stepupdown.mq4 (8.43 KB)
📎 stepupdown.mq4 (11.13 KB)
Source: MQL5 #11286
Forex Step and Decline Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Forex Step and Decline Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 resources are resources related to Forex 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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