Flat_Trend - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The information indicator Flat Trend is based on two standard indicators ADX and Parabolic SAR and uses colored markers to display the market status based on the total amount of data provided by the two indicators:
It has four configurable parameters:
Attachment download
📎 flat_trend.mq5 (19.05 KB)
Source: MQL5 #21318
Flat_Trend - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Flat_Trend - 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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