Trix Oscillator with Support/Resistance Lines on Chart - MetaTrader 5 Script - MT4/MT5 Resources
The Trix oscillator increases support/resistance levels on the chart. You have two color choices for the (implied SR level) display:
It can be used as any other Trix oscillator.
Attachment download
📎 trix_ysrr.mq5 (17.4 KB)
Source: MQL5 #24195
Trix Oscillator with Support/Resistance Lines on the Chart - MetaTrader 5 Script Usage and Screening Advice
Trix Oscillator with Support/Resistance Lines on the Chart - MetaTrader 5 Script is a resource related to trading scripts. 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •