ATRstops_v1_Candle - MetaTrader 5 Script - MT4/MT5 Resource
ATRstops_v1 indicator in the form of candles. Candles that go with the trend are bright, while candles that go against the trend are dark.
Figure 1. ATRstops_v1_Candle indicator
Attachment download
📎 atrstops_v1_candle.mq5 (15.07 KB)
Source: MQL5 #22923
ATRstops_v1_Candle - MetaTrader 5 script usage and screening recommendations
ATRstops_v1_Candle - MetaTrader 5 script is a resource 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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