Degree of Price Movement - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Forex indicator price movement and trend alerts.
The indicator will record the value of the latest position of the price within the current time frame based on daily price movements, and the indicator will sound an alert when the position and conditions of the trend state change.
Hope it's useful to other traders.
Attachment download
📎 euraud-m1-fxopen-investments-inc.png (38.5 KB)
📎 pricemovementdegrees.mq4 (20.3 KB)
Source: MQL5 #23926
Degree of Price Change - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Degree of Price Change - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. 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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