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This article explores how economic news releases, investor behavior, and various factors can influence market trend reversals. It includes a video explanation and proceeds by incorporating MQL5 code into our program to detect trend reversals, alert us, and take appropriate actions based on market conditions. This builds upon previous articles in the series.
This article focuses on taking advantage of in-built meta trader 5 indicators to screen out off-trend signals. Advancing from the previous article we will explore how to do it using MQL5 code to communicate our idea to the final program.
This article is aimed at beginners and pro-MQL5 developers. It provides a piece of code to define and constrain signal-generating indicators to trends in higher timeframes. In this way, traders can enhance their strategies by incorporating a broader market perspective, leading to potentially more robust and reliable trading signals.
Volume and RSI-based sniper entry signals for Boom and Crash synthetics feature robust entry alert systems. For more advanced filter signals, consider the Harmonic Hybrid Pro. When trading spikes, three orders are strategically placed to manage risk, with the third order positioned close to the highest probability of a spike. Signals are no longer valid fifteen minutes after the final order, and any losses should be closed promptly. For take profit (Tp), it is advisable to exit shortly after a
https://youtu.be/BmRrsrsmOAY?si=ZHHDKu3mPGMyNjpA
