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Expanding Rectangle - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 2 reads | 0 comments |

Extending the Rectangle - indicator for MetaTrader 5

Auxiliary indicators. Once a rectangle appears on the chart, the indicator draws two lines: the highest price and the lowest price along the rectangle.

The name of the rectangle must start with " Note that the name of the rectangle starts with... "

Extending the Rectangle - indicator for MetaTrader 5

rice. 1. Extend the rectangle

NOTE: If the indicator is deleted from the chart, it will not delete the created lines!


Attachment download

📎 extending_the_rectangle.mq5 (23.97 KB)

Source: MQL5 #38944

Expanding Rectangle - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions

Expanding Rectangle - 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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