Doji_Arrows - MetaTrader 5 Script - MQL5 #21436 - MT4/MT5 Resources
This indicator finds doji candlesticks and highlights them on the chart. Candlesticks that go with the trend are brighter, while candlesticks that go against the trend are darker.
The original indicator was developed in MQL4 language and published in the code base on September 24, 2007.
Figure 1. Doji_Arrows indicator. red candle
Figure 2. Doji_Arrows indicator. green candle
Attachment download
📎 doji_arrows.mq5 (13.11 KB)
Source: MQL5 #21436
Doji_Arrows - MetaTrader 5 Script - MQL5 #21436 Usage and Filtering Advice
Doji_Arrows - MetaTrader 5 Script - MQL5 #21436 is a resource related to foreign exchange 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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