INERCIA_bars - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator colors the price bar according to the value of the price change.
If the price on the current bar rises more than the value determined by the body of the input parameter (the value of the price change point), the bar is blue, if the price falls by a similar number of points, the bar is red, in other cases the bar is gray.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on February 6, 2008.
INERCIA_bars indicator
Attachment download
📎 inercia_bars.mq5 (4.41 KB)
Source: MQL5 #1929
INERCIA_bars - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
INERCIA_bars - 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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