Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

EMAVFS_channel - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

EMAVFS_channel - indicator for MetaTrader 5

A channel using non-smooth and stable approximation errors where an exponential moving average with a variable smoothing factor is used as the midline.

This indicator is compiled into MQL5 indicators and MQL4 indicators. For this purpose, the extension of the indicator code should be changed to mq4, place the code in <Terminal Data Directory MetaTrader4>\MQL4\Indicators , and use the relevant code editor to compile.

EMAVFS_channel - indicator for MetaTrader 5

Figure 1. Indicator EMAVFS_channel


Attachment download

📎 emavfs_channel.mq5 (21.87 KB)

Source: MQL5 #20706

EMAVFS_channel - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions

EMAVFS_channel - 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.

Verification code Refresh