BrainTrend1Sig - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
BrainTrend1Sig is a market indicator for opening and closing positions.
It indicates trend reversal points when prices reach extremes and the most convenient time to enter or exit the market arrives.
The algorithm is based on the attenuated total reflection and stochastic oscillator indicators. In this version, the values of all algorithm variables are designed as input parameters of the indicator and therefore can now be used with custom settings.
Attachment download
📎 braintrend1sig.mq5 (7.54 KB)
Source: MQL5 #392
BrainTrend1Sig - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
BrainTrend1Sig - 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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