SinTrend - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Simple trend indicator. The direction of the trend is determined by the position of the histogram relative to the zero level. Entry signals occur during a breakout of the zero line. If the histogram changes from red to blue, it indicates the time to open a long position, and vice versa, it indicates the time to open a short position.
The indicator was first implemented in MQL4 and published in CodeBase: Code Base – mql4.com February 7, 2008.
Attachment download
📎 sintrend.mq5 (7.51 KB)
Source: MQL5 #778
SinTrend - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
SinTrend - 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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