Conqueror - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Signal histogram indicator. Plot a histogram with signal markers in a separate window. The histogram has three colors to identify buy, sell and neutral states. Signal markers are drawn to indicate changes or completion of the current trend.
The indicator has three input parameters:
Calculation of buy signal:
When all three conditions are met, a buy signal is formed. On sale contrary conditions apply.
Attachment download
📎 conqueror.mq5 (11.96 KB)
Source: MQL5 #20220
Conqueror - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Conqueror - 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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