PDI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
PDI (Price Divergence) is a simple signal indicator that shows the price difference between the previous bar and the current bar. It appears as a signal marker candlestick where the previously applied price is higher than the current price by a predefined price difference. If the spread is positive, the mark will be placed on the lowest price of the current candlestick. If it is negative - it is a high price.
The indicator has configurable inputs:
Attachment download
📎 pdi.mq5 (8.93 KB)
Source: MQL5 #21246
PDI - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
PDI - 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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