Elders_Safe_Zone_MTF - MetaTrader 5 Script - MT4/MT5 Resources
It has seven input parameters:
Figure 1. Multi-Time Frame Elderly Safe Zone, Drawing Mode = Steps
Figure 2. Multi-time range elderly safety zone, drawing mode = slope
Attachment download
📎 elders_safe_zone_mtf.mq5 (32.36 KB)
Source: MQL5 #23291
Elders_Safe_Zone_MTF - MetaTrader 5 script usage and screening recommendations
Elders_Safe_Zone_MTF - MetaTrader 5 scripts are resources 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.
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