RosePipsIndicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
Louis Christian Stolz
This indicator will calculate profit and loss points for any currency pair using the Parsar and Doji trading strategies. You can look at point targets and losses and see if you can find winning pairs through this.
The 5MIN chart is the best chart for your current setup. Don't risk your account, I think there are still high points where losses are high risk. If you use micro-batches, then maybe it's ok.
Attachment download
📎 RosyPipsIndicator.mq4 (11.53 KB)
Source: MQL5 #11116
RosePipsIndicator - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
RosePipsIndicator - MetaTrader 4 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
