Generic_Index - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator allows the creation of an index for one of eight base currencies. The index can contain up to ten components.
This indicator has twenty-two input parameters:
Figure 1. U.S. Dollar Index
Figure 2. Euro Index
Figure 3. Australian dollar index
Figure 4. Index ruble
Attachment download
📎 generic_index.mq5 (26.7 KB)
Source: MQL5 #20561
Generic_Index - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
Generic_Index - 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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