i-DRProjections_v1 - MetaTrader 5 Script - MT4/MT5 Resources
This indicator predicts the current day's price range based on the previous day's data. All calculations are based on the book "The New Science of Technical Analysis" by Thomas R. Demark.
suggestion:
Attachment download
📎 i-drprojections_v1.mq5 (7.37 KB)
Source: MQL5 #1503
i-DRProjections_v1 - MetaTrader 5 script usage and filtering suggestions
i-DRProjections_v1 - 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.
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