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- 2016.04.26 14:39
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Calculator_Forex. The calculator is designed ONLY for the FOREX market and only for the currency pairs!
It works with the direct and indirect quotes, as well as cross rates. The calculator estimates the value of one point of a currency pair and the maximum stop loss for the user-defined lot.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7275

System concept: The Donchian Channels are quite popular among the trend following systems.

The operation logic is as follows: Once a local maximum\minimum has been determined several horizontal lines will be drawn. The white one is an entry point, the following lines in its direction are targets. Naturally, the first one is the most reachable.... Red line is a stop line.

2 scripts for the analysis of trading results. Useful both for investors and traders.

This script is designed for obtaining various statistical data on the chart candlesticks on the selected timeframe.