Target Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator uses Simple Moving Averages 20,50,100,200 to see the next target area it will hit so you know which direction it is heading...
So if it breaks MA 20, the next target is MA 50, if it breaks MA 50, the next target is MA 100, and if it breaks MA 100, the next target is MA 200.
It is bilingual in Indonesian and English... Moving averages are not included in this indicator. It just shows the target.
Attachment download
📎 target_lubang_MA.mq4 (6.37 KB)
Source: MQL5 #11020
Target Indicator - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Target indicator - 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.
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