iBands_Advanced_Histo - MetaTrader 4 Script - MT4/MT5 Resources
The indicator is displayed in the form of a bar chart with different patterns for uptrend and downtrend bands.
You can set the indicator period and trend levels.
Attachment download
📎ibands_advanced_histo_v1.0.mq4 (9.6 KB)
Source: MQL5 #26669
iBands_Advanced_Histo - MetaTrader 4 script usage and filtering suggestions
iBands_Advanced_Histo - MetaTrader 4 script is a resource 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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