FlatTrend - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Author of the idea : Screenwriter
MQL5 code author : Balabashka Kong
This indicator defines the market state: flat or trending.
Interpretation of the histogram color buffer when setting " Signal time range " PERIOD_CURRENT:
Attachment download
📎 flattrend.mq5 (25.03 KB)
Source: MQL5 #21926
FlatTrend - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
FlatTrend - MetaTrader 5 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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