Average Intraday Range - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
This script calculates the average price range (in pips) for the intraday period. It can be easily adapted into a function used by expert advisors when information such as the average price range for a particular session is required.
Attachment download
📎 average_intraday_range.mq5 (6.57 KB)
Source: MQL5 #22746
Average intraday range - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening recommendations
Average Intraday Range - 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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