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Rainbow Indicator for mt4 - MetaTrader 4용 지표
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- 2023.10.31 11:45
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There are 2 input parameters:
- AtrMultiplier: The lines will have this* the current Atr value distance from the moving averages.
- Period: High and Low moving average, Atr period.
The basic idea is to have 6 lines: upper will be 2*atrmultiplier*atr +HighMA, second then atrmultiplier*atr + HighMA... Very easy to understand,
I've also made a video about it for beginners to help understand the writing of an indicator in mql:
Most EAs tend to close orders in take profit based on the distance in pips from the purchase price. However, this MQL4 code is based mainly on the current profit.
Simple Support and ResistanceSimple Support, Resistance, and Mid-Line boilerplate
A combination of data analysis from the Awesome Oscillator and the resulting direction of the candles relative to the previous range
Multi_BreakEven.mt4Multi_BreakEven is a script file that allows multiples entry positions to set to breakeven using pips or target price when the trade is in your favor.