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Support and Resistance indicator for MQL5 - MetaTrader 5 için gösterge

Peter Mueller
Görüntülemeler:
15791
Derecelendirme:
(3)
Yayınlandı:
2023.07.27 12:03
Güncellendi:
2023.10.19 18:14
Zip indir, MetaEditor'dan kod nasıl indirilir?
Bu koda dayalı bir robota veya göstergeye mi ihtiyacınız var? Freelance üzerinden sipariş edin Freelance'e git

The basic idea behind the indicator is to check for bouncebacks between support and resistance levels. There are two input parameters: period and overlook. A support level is the lowest low in the last period bars if this value is equal to the lowest low of the last period+overlook bars. A resistance level is the highest high in the last period bars if it is equal to the highest high of the last period+overlook bars. If there are both support and resistance levels and a bounceback happens (price is between these levels) the support and resistance levels will be displayed on the chart.

In the original Indicator the i integer runs from period+overlook until rates_total, so the for cycle is for(i = rates_total-3;i<rates_total;i++). But for some reason I had to change that to validate my code.

Screenshot of indicator

Check out the video I've made about the mql4 version (there are a few differences between mql4 and mql5 but the logic is the same) :


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