Points - MetaTrader 5 Script - MQL5 #20363 | Forex Indicators Download - MT4/MT5 Resources
A simple signal indicator.
When the direction of the moving average calculated using closing prices changes, a signal arrow is drawn on the chart:
This indicator has two input parameters:
Attachment download
📎 dots.mq5 (9.75 KB)
Source: MQL5 #20363
Point - MetaTrader 5 Script - MQL5 #20363 | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Point - MetaTrader 5 Script - MQL5 #20363 | 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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