Reject Multiple Timeframes - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The Rejection Multi Time Frame indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.
This version is a standalone multi-timeframe version (indicators are required to knock back its work).
The supported timeframes are all possible timeframes supported by MetaTrader 5, which has 3 "special" timeframes:
If you use some of these 3 time ranges, the time range will be set automatically when you change the chart's time range.
Attachment download
📎 repulse_mtf.mq5 (18.69 KB)
Source: MQL5 #21134
Reject multiple time frames - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Reject multiple time frames - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources are resources related to Forex 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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