Reflex and Trendflex - MetaTrader 5 Script - MT4/MT5 Resources
From the article:
For indicators to be useful, the indications they produce cannot be too late. To achieve this most important goal, we introduce here a new indicator as well as variants of this indicator that you will want to add to your charts.
Attachment download
📎 exlerstrendreflex.mq5 (9.12 KB)
Source: MQL5 #32231
Reflex and Trendflex - MetaTrader 5 script usage and filtering recommendations
Reflex and Trendflex - MetaTrader 5 scripts are resources related to Forex indicators. 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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