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AltrTrend_Signal_v2_2 - MetaTrader 5 Script - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

AltrTrend_Signal_v2_2 - indicator for MetaTrader 5

Oleg VS Goodman

Semaphore arrow indicator showing the trend change time based on the ADX indicator .

The indicator was originally written in MQL4 and first published in the code base of mql4.com on November 7, 2006.

AltrTrend_Signal_v2_2 - indicator for MetaTrader 5

Figure 1. Indicator AltrTrend_Signal_v2_2


Attachment download

📎 altrtrend_signal_v2_2.mq5 (7 KB)

Source: MQL5 #2064

AltrTrend_Signal_v2_2 - MetaTrader 5 script usage and filtering suggestions

AltrTrend_Signal_v2_2 - MetaTrader 5 script is a resource 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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