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

author EAcpu | 5 reads | 0 comments |

prusax - indicator for MetaTrader 5

Modified by zIG

The indicator draws parts of the bar based on the direction of the candlestick. If the candlestick is growing, the bar will be colored light green from the open to the high. If the candlestick is falling, the bar from the open to the lowest price is colored pink.

The indicator was first implemented in MQL4 and published in the code base of mql4.com on June 7, 2008.

prusax - indicator for MetaTrader 5

Figure 1. prusax indicator


Attachment download

📎 prusax.mq5 (4.61 KB)

Source: MQL5 #1712

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

prusax - 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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