NxBars - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Semaphore signal indicator with prediction. The latest signal appears on a bar further away from the current bar. The distance is defined by the input parameters
Input unit number of bars = 5 ; // number of bars for analysis
Figure 1. NxBars indicator
Attachment download
📎 nxbars.mq5 (6.96 KB)
Source: MQL5 #2212
NxBars - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
NxBars - 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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