Discipline - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Discipline Trend Reversal Indicator. The indicator is represented by a histogram, the color of which corresponds to the direction of the trend. The indicator generates signals for opening positions in the form of arrows and signals for opening positions in the form of cross diamonds.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on October 18, 2008.
Figure 1 Discipline Indicators
Attachment download
📎 discipline.mq5 (13.52 KB)
Source: MQL5 #1672
Discipline - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Discipline - 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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