Price Bounce Calculator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
Set the maximum rollback size in the window in the upper left corner of the chart and the indicator will show recent reversal levels and their opportunities.
Attachment download
📎chanse.mqh (6.23 KB)
📎 status.mqh (2.69 KB)
📎 trend_reversal_prophet_1.1.mq4 (17.87 KB)
Source: MQL5 #46717
Price Rebound Calculator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Price Rebound Calculator - MetaTrader 4 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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