DRAW_ARROW - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
If the closing price is greater than the closing price of the previous bar, the indicator draws an arrow on the bar.
The color, width, displacement and code of the arrow characters change randomly after N ticks. The N variable is defined as an input parameter and can be changed using the Properties window. Note that the initial properties of the plot1 plot ( drawing arrows ) are defined using the #property preprocessor directive, and further these properties are randomly changed ( OnCalculate() function).
See also: Drawing styles in MQL5 .
Attachment download
📎 draw_arrow.mq5 (4.88 KB)
Source: MQL5 #334
DRAW_ARROW - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
DRAW_ARROW - 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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