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

Viktor Chebotaryov
Yaanna is the simplest indicator of overbought/oversold conditions.
How to apply:
Yaanna is a confirmatory indicator and must be used for major signal checks.
Similar to many other indicators, overbought/oversold levels may indicate the presence of a trend. But market conditions must also be considered.
This code was published in the code base on March 26, 2009.

Attachment download
📎IndicatorsAlgorithms.mqh (11.6 KB)
📎 smoothalgorithms.mqh (133.8 KB)
📎yaanna.mq5 (6.31 KB)
Source: MQL5 #454
Yaanna - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Yaanna - 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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