Leading - MetaTrader 5 Indicators | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator consists of two moving averages (the leading index and its EMA smoothed) on a chart from the book "Cybernetic Analysis of Stocks and Futures: Cutting Edge DSP Techniques to Improve Trading" by John Ehlers. - Free download of the "leading" indicator designed by "GODZILLA" for MetaTrader 5 in the MQL5 code base, December 2, 2011
Attachment download
📎 leading.mq5 (7.48 KB)
Source: MQL5 #592
Leading - MetaTrader 5 Indicators | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Leading - MetaTrader 5 Indicators | 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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