Constant Range Detector - MetaTrader 4 Script - MQL5 #11069 - MT4/MT5 Resources
Indicator: constant range size
Notes: This indicator is designed to work with constant range (synthetic) bars/candles, not standard bars/candles.
Constant range size calculation: high - low.
gold. M2 (offline): 1234.9 - 1232.4 = 2.5
Problem: Tick-free!
Solution : Tick Generator - Free - Here . It’s also helpful when testing in quiet, scarce markets.
Attachment download
📎 0_-_Constant_Range_Detector_-_v2.mq4 (2.22 KB)
Source: MQL5 #11069
Constant Range Detector - MetaTrader 4 Script - MQL5 #11069 Usage and Filtering Advice
Constant Range Detector - MetaTrader 4 Script - MQL5 #11069 is a resource related to trading scripts. 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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