Three Time Frames - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
Idea from: Zaul
mq5 code: Barabashkakon
The EA uses indicators with different time frames:
MACD gives signals, RSI checks overbought/oversold levels and Alligator checks trends.
A position can be opened only if there are no open positions and the EA is within the allowed time interval. The time interval is managed by the parameters "Use time control", "Start time" and "End time".
Attachment download
📎 three_timeframes.mq5 (84.54 KB)
Source: MQL5 #23431
Three time frames - MetaTrader 5 Expert | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Three time frames - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 resources 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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