Wiseman1 - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Real author : Pavel Kurko
The indicator colors candlesticks based on their position relative to the previous candlestick.
Candlesticks in the direction of the signal are bright; colors in the opposite direction are black.
Figure 1. Wiseman1 indicator
Attachment download
📎 wiseman1.mq5 (12.1 KB)
Source: MQL5 #21752
Wiseman1 - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Wiseman1 - 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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