TAT (Trend Analysis Tool) - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator is similar to the standard MACD, but is calculated using both MACD and SAR, which allows it to generate credible signals in trending areas. Overbought/oversold levels allow tracking of trend reversals or rollbacks. The indicator shows good results on higher timeframes (H1 and above).
It has ten input parameters:
Attachment download
📎tat.mq5 (16.57 KB)
Source: MQL5 #20063
TAT (Trend Analysis Tool) - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
TAT (Trend Analysis Tool) - 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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