CHO Smooth Arrow 2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
If two lines intersect, "arrows" are displayed in the main window: "CHO" and "Smooth CHO". Version 2 has stricter signal checking: "Buy" signals can only be formed below the zero line, and "Sell" signals can only be formed above the zero line.
rice. 1. CHO smooth arrow 2
Note that this is an oscillator and two strategies can be applied:
* Apply additional filters for trend indicators
* Gain position of each signal
Attachment download
📎 cho_smoothed_arrow_2.mq5 (22.92 KB)
Source: MQL5 #39032
CHO Smooth Arrow 2 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
CHO Smooth Arrow 2 - 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •