Daily Percent Change - MetaTrader 4 Script - MQL5 #24806 - MT4/MT5 Resources
This indicator calculates the percentage change in price for the day and displays it below the price information in the upper left corner of the main window.
This can be used as an indication of overbought or oversold.
There are no external variables.
The formula used is: ((Current Price - Daily Candle Opening Price) / Daily Candle Opening Price) * 100
Attachment download
📎 gbpjpyh1.png (2.21 KB)
📎 daily_percent_change.mq4 (2.19 KB)
Source: MQL5 #24806
Daily Percent Change - MetaTrader 4 Script - MQL5 #24806 Usage and Filtering Advice
Daily Percent Change - MetaTrader 4 Script - MQL5 #24806 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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