CodeBaseSections
Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

Range Ratio - indicator for MetaTrader 4

Nikolay Khrushchev
Views:
6595
Rating:
(15)
Published:
2023.10.22 18:04
Updated:
2023.10.30 12:30
Download as ZIP, How to download code from MetaEditor
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Very useful way to advance your chart analysis. This indicator show you ratio of movement sizes inside bar to current bar size.

This is can be good approval of signals. Few examples:


    M4HA M4HA

    Trend indicator based on the intersection of adaptive HMA and its smoothed line. I recommend using it together with the flat indicator to determine the beginning of a trend early

    Donchian Channel Scalping Strategy EA Donchian Channel Scalping Strategy EA

    A Donchian Channel Strategy breakout EA Scalper. Best results at H1.

    Simple Support and Resistance Simple Support and Resistance

    Simple Support, Resistance, and Mid-Line boilerplate

    Take Profit based on your current profit Take Profit based on your current profit

    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.