JPTrend Indicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
No matter what strategy you follow, you need to know where your support and resistance lines are, and ultimately you'll be happy to receive alerts when they are reached.
Every time you change the timescale of the chart, the indicator rescans the lines and sends you an optional alert when it falls below the adjustable limits.
Attachment download
📎 jptrend.mq5 (6.05 KB)
Source: MQL5 #883
JPTrend Indicator - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
JPTrend indicator - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. 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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