Simple Trend Detector - MetaTrader 5 Script - MQL5 #927 - MT4/MT5 Resources
RSI is the same as Dem, but more sensitive.
The usage is similar to mentioned above.
https://www.mql5.com/en/code/9818
Attachment download
📎 std.mq5 (2.64 KB)
Source: MQL5 #927
Simple Trend Detector - MetaTrader 5 Script - MQL5 #927 Usage and Filtering Advice
Simple Trend Detector - MetaTrader 5 Script - MQL5 #927 is a resource related to trading scripts. 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. Focus on 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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