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Volatility Highs and Lows - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

Swing Highs and Lows - indicator for MetaTrader 5

Swing Highs and Lows - indicator for MetaTrader 5

A high is considered a swing high if it has two previous highs (up) and two subsequent highs (down)

A low is considered a swing low if it has two previous lows (down) and two subsequent lows (up)

The color of the buffer can be changed from code: Get the color of your choice -> Web Color

 #Property indicator color

Swing Highs and Lows - indicator for MetaTrader 5


Attachment download

📎 swings.mq5 (4.01 KB)

Source: MQL5 #47051

Volatility Highs and Lows - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions

Volatility Highs and Lows - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script 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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