Tag Archives: non-repainting

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Create an MT5 indicator (code).

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Perfect ✅ — let’s create a non-repainting Three Bands Forex Trading Indicator for MT5.It will: 🧩 MQL5 Indicator Code You can copy–paste this into MetaEditor → New → Indicator → Paste → Save → Compile. 🧭 How It Works ⚙️ Customization Tips Parameter Description Suggestion BandPeriod Smoothing period 14–50 Multiplier Band width 1.5–2.5 MaMethod Moving […]

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Volatility-based channel indicator?

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A Three Bands Forex Trading Indicator is a volatility-based channel indicator that helps traders identify overbought/oversold conditions, trend direction, and potential reversal zones. It’s similar in concept to Bollinger Bands, but it can be customized with different moving averages or volatility measures. Let’s break it down clearly 👇 🧭 What “Three Bands” Means The indicator […]

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