APR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator shows the average range for the specified period.
It can display two types of ranges:
Two modes of rendering results are available:
It has four input parameters:
Figure 1. H4 daily range
Figure 2. H12’s range against H4
Attachment download
📎 apr.mq5 (14.48 KB)
Source: MQL5 #20317
APR - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
APR - 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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