Easy Trend Visualizer - MetaTrader 5 Script - MT4/MT5 Resources
Real author:
Easy Trend Visualizer indicator is a simple trend visualization tool. That said, it produces exactly what its name suggests. It shows where a trend starts and ends as well as where a trend doesn't exist at all. It is based on the ADX standard indicator (Average Directional Movement Index). Colored arrows define the moment of opening a position, colored bars indicate trends, and gray horizontal lines fix positions where there are no trading signals.
Figure 1 Easy Trend Visualizer indicator
Attachment download
📎easytrendvisualizer.mq5 (8.42 KB)
Source: MQL5 #1604
Easy Trend Visualizer - MetaTrader 5 script usage and filtering suggestions
Easy Trend Visualizer - MetaTrader 5 script is a resource related to Forex indicators. 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
