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Indicators

Frog Jump - indicator for MetaTrader 5

Views:
3094
Rating:
(6)
Published:
2024.02.09 21:10
Updated:
2024.02.09 21:11
Frog_Jump.mq5 (3.67 KB) view
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In an algorithm experiment, candlesticks were studied with a behavior of frog jump. It is considered a frog never jumps a single block of leaf in the pond but covers a distance from leaf 1 to leaf 3 or more.

This indicator hides alone candlesticks which are excluded in that experiment of frog hopping. if candle is bull and next candle is bear and its previous candle was also bear, it is considered an alone candlestick and its hidden on chart, vice versa for bear candle.

Left :  Hidden Alone Candlestick, Right : Normal Chart



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While manually adjusting the stop-loss of a single trade to match its open price is a relatively simple task, managing numerous positions individually can be cumbersome and time-intensive. The Titik Impas Breakeven script for MT4/MT5 streamlines this process, providing efficiency and convenience for traders dealing with multiple positions.

Indices Testing Indices Testing

The EA only trades buy positions and does not use SL and TP.

Strong Historical Levels Strong Historical Levels

Historical Strong S/Rs Levels