Trend_CF - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Ronald Vivo/ROVERCOM
The indicator is made as a fill between two lines. The color of the fill shows the direction of the trend, and the width of the channel between the lines shows the strength of the trend.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on October 17, 2007.
Attachment download
📎 colortrend_cf.mq5 (6.02 KB)
Source: MQL5 #482
Trend_CF - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Trend_CF - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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