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i-AnyRangeCldTail_System - MetaTrader 5 Script - MT4/MT5 Resource

author EAcpu | 2 reads | 0 comments |

i-AnyRangeCldTail_System - indicator for MetaTrader 5

Actual author : Jinsi

The indicator draws candlesticks beyond the i-AnyRangeCldTail channel. Candlesticks outside the channel limits are color-coded according to trend. Trend candles have a bright fill color and countertrend candles have a dark fill color.

i-AnyRangeCldTail_System - indicator for MetaTrader 5

Figure 1. Indicator i-AnyRangeCldTail_System


Attachment download

📎 i-anyrangecldtail_system.mq5 (35.93 KB)

Source: MQL5 #21791

i-AnyRangeCldTail_System - MetaTrader 5 script usage and filtering suggestions

i-AnyRangeCldTail_System - 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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