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WiOver - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 2 reads | 0 comments |

WiOver - indicator for MetaTrader 5

Murad Ismailov

The indicator shows the average percentage value of the last candlestick overlap. Very useful for those who use limit orders to enter the market manually during price consolidation, as it allows the choice of order direction. Blue line - recommended buy limit, red line - sell limit.

The indicator was first implemented in MQL4 and published in the code base of mql4.com on November 15, 2010.

WiOver - indicator for MetaTrader 5


Attachment download

📎wiover.mq5 (5.99 KB)

Source: MQL5 #698

WiOver - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

WiOver - 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 only on titles or short-term profit descriptions.

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