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CandleStop_HTF - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

CandleStop_HTF - indicator for MetaTrader 5

This candle stop indicator has available timeframe selection options in the input parameters:

 Input ENUM_TIMEFRAMES time range = PERIOD_H4 ; // Indicator chart period (time range)

This indicator requires the compiled indicator file CandleStop.mq5 to run. Place it into terminal_data_folder\MQL5\Indicators\.

CandleStop_HTF - indicator for MetaTrader 5

Figure 1. Indicator CandleStop_HTF


Attachment download

📎 candlestop.mq5 (6.5 KB)

📎 candlestop_htf.mq5 (13.06 KB)

Source: MQL5 #2084

CandleStop_HTF - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

CandleStop_HTF - 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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