Reject - MetaTrader 5 Script - MQL5 #21132 | Forex Indicators Download - MT4/MT5 Resources
The rejection indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.
There is only one parameter: pulse period. The indicator uses all 4 prices internally in the calculation, that is why the prices cannot be changed in the calculation. The recommended usage is simple:
Attachment download
📎 repulse.mq5 (7.15 KB)
Source: MQL5 #21132
Reject - MetaTrader 5 Script - MQL5 #21132 | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Rejection - MetaTrader 5 Script - MQL5 #21132 | 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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