Trend Triggers - MetaTrader 5 Scripts | Trading Script Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
MH Describes Trend Triggers Pee published in December 2004 in Technical Analysis of Stocks and Commodities magazine.
This version adds T3 smoothing (to reduce false signals) and some extra features to make trend triggering states easier.
Attachment download
📎 trend_trigger_factor.mq5 (12.61 KB)
Source: MQL5 #21694
Trend triggers - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Trend triggers - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script 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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