Decycler II - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
This is the second version of this indicator. The first one is here . In this indicator, a high-frequency filter for smoothing is applied. Buy when the indicator line is blue and sell when the indicator line is red. For more information, see the article "Stocks & Commodities V. 33:09", pages 12-15. MetaTrader 4 versions will not be introduced here. You can download versions for other source platforms through my Telegram channel. The link to the channel is located in my profile . Don't forget to subscribe!
Attachment download
📎 ehlersdecycler-ii.mq5 (5.21 KB)
Source: MQL5 #34256
Decycler II - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Decycler II - 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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