Geo_ShowOpenDayLevel - MetaTrader 5 Script - MT4/MT5 Resource
This indicator shows the opening price of the day for any time frame.
The indicator was first implemented in MQL4 and published in the code base on February 24, 2012 (in Russian).
Geo_ShowOpenDayLevel
Attachment download
📎 geo_showopendaylevel.mq5 (5.83 KB)
Source: MQL5 #1006
Geo_ShowOpenDayLevel - MetaTrader 5 script usage and filtering suggestions
Geo_ShowOpenDayLevel - 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 only on titles or short-term profit descriptions.
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