Stochastic indicator with support/resistance levels - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource
Stochastic also adds support/resistance levels on the chart. For color (and implicitly SR level) display, you have two options:
It can be used like any other random variable.
Attachment download
📎 stochastic_esr0.mq5 (17.31 KB)
Source: MQL5 #24194
Stochastic indicator with support/resistance levels - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Stochastic indicator with support/resistance levels - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources are related resources for 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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