High and Low Prices in the Neighborhood - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources
This code identifies nearby highs and lows.
This code compares the high price of a candle to the high price of the candles to its left and right. An arrow is drawn if the high price of the relevant candle is higher than the high price of the candle to its left or right.
The same goes for the lows.
Attachment download
📎 _hpcs_seventh_mt4_indi_v01_we.mq4 (2.11 KB)
Source: MQL5 #37561
Highest and lowest prices in nearby areas - MetaTrader 4 script | Trading script download - MT4/MT5 resource usage and screening recommendations
Highest and lowest prices in nearby areas - MetaTrader 4 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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