Trend Line Crossing - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
It can be used with manually created trend lines or automatically created using any other tool. The indicator itself does not draw any lines, its purpose is to inform available trend lines and price crosses.
A short video explaining the functionality:
Attachment download
📎 trendlinescrossing.mq5 (11.11 KB)
Source: MQL5 #1428
Trend Line Crossing - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Trendline Crossing - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are resources 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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