ProfitZone PRO MT5 is a custom indicator designed for MetaTrader 5 (MT5) platform. It helps traders identify potential profit zones and provides entry and exit points for trading. This indicator is developed by Forex Robot Easy Team and can be used on any trading instrument symbol and chart timeframe.
- SymbolName: Trading instrument symbol (default: 'EURUSD')
- TimeFrame: Chart timeframe (default: PERIOD_M15)
- profitZonesBuffer: Stores the calculated profit zones
- entryPointsBuffer: Stores the entry points for trades
- exitPointsBuffer: Stores the exit points for trades
- indicatorHandle: Stores the handle of the custom indicator
The OnInit() function is called when the indicator is initialized. It sets up the indicator buffers and registers the custom indicator using the iCustom() function.
The OnDeinit() function is called when the indicator is deinitialized. It unregisters the custom indicator using the IndicatorRelease() function.
The OnCalculate() function is called for each bar on the chart to calculate the profit zones and perform trading operations based on them. It calls the custom indicator using the iCustom() function and stores the calculated bars in the calculatedBars variable.
For each calculated bar, the function checks if the close price is above or below the profit zone and performs the corresponding trade entry. If the close price crosses the profit zone, it performs the trade exit.
ProfitZone PRO MT5 is a professional forex trading indicator that helps traders identify profitable trading zones and provides entry and exit points for trades. Developed by Forex Robot Easy Team, this indicator can be used on any trading instrument and chart timeframe supported by MetaTrader 5.
With ProfitZone PRO MT5, traders can make informed trading decisions based on the calculated profit zones. The indicator automatically calculates the profit zones and identifies the optimal entry and exit points for trades. This eliminates the guesswork and allows traders to maximize their profits and minimize their risks.
To use ProfitZone PRO MT5, simply install the indicator on your MetaTrader 5 platform and apply it to your desired trading instrument and chart timeframe. The indicator will display the profit zones on your chart, making it easy to identify potential trading opportunities.
Please note that ForexRobotEasy is not the official developer of ProfitZone PRO MT5. We are only providing a sample code that can work as described in the product. To find the official developer of this product and to access detailed reviews and trading results, please visit Forex Robot Easy - ProfitZone PRO MT5 Review.
For more information and support regarding ProfitZone PRO MT5, please refer to the official MQL5 website.
For detailed reviews and trading results of this product, please visit Forex Robot Easy - ProfitZone PRO MT5 Review.