Range_Histogram - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator is displayed in a separate window in the form of a histogram, with the candlestick size determined by two parameters:
You can also enable smoothing and display the average of candlestick sizes.
The indicator has four input parameters:
Figure 1. Unsmoothed calculation of opening/closing
Figure 2. Calculating high/low without smoothing
Figure 3. Calculate open/close by smoothing
Figure 4. Calculating high/low by smoothing
Attachment download
📎 range_histogram.mq5 (10.23 KB)
Source: MQL5 #20920
Range_Histogram - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Range_Histogram - 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
