Trigger_Line - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
dwt5 and adoleh2000
This is a trend following indicator that uses moving averages and their smoothing. It features alerts, emails, and push notifications.
The indicator was originally written in MQL4 and first published in the code base on August 1, 2006.
Figure 1. Trigger_Line indicator on the chart
Figure 2. Trigger_Line indicator. Generate alert
Attachment download
📎 trigger_line.mq5 (29.27 KB)
Source: MQL5 #16603
Trigger_Line - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Trigger_Line - 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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