Camarilla Points - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The Camarilla Points indicator displays pivots defined in a special way. The above article contains a detailed description, as well as possible application strategies.
MetaTrader 4 versions will not be introduced here. You can download it via my source code as well as the original article on my Telegram channel . The link to the channel is in my profile and in the file containing the source code of the indicator. Don't forget to subscribe .
Attachment download
📎 camarillapoints.mq5 (17.05 KB)
Source: MQL5 #32073
Kamarila Point - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Kamarila Point - 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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