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Royal Scalping Indicator M5 ReadMe

This code is for the Royal Scalping Indicator M5, which has been developed by the Forex Robot Easy Team. This indicator provides high-quality forex trading signals for the M5 timeframe. Please note that Forex Robot Easy is not the official developer of this product, but we are showcasing a sample code that can work as described in this product.

For detailed reviews and trading results of this product, please visit the official developer's website: Royal Scalping M5 Review

Indicator Input Parameters

  • OscillatorPeriod: The period for the oscillator (default: 14)
  • TrendPeriod: The period for the trend calculation (default: 20)
  • SignalPeriod: The period for the signal calculation (default: 9)
  • Timeframe: The timeframe to use for the indicator (default: M5)
  • Symbol: The symbol to apply the indicator to (default: EURUSD)

Indicator Buffers

  • OscillatorBuffer: Holds the values of the oscillator indicator
  • TrendBuffer: Holds the values of the trend indicator
  • SignalBuffer: Holds the values of the signal indicator

Indicator Initialization

In the OnInit function, the indicator style, buffer, and label are set for each indicator line.

Indicator Calculation

In the OnCalculate function, the indicator values are calculated for the current and future bars. The iCustom function is used to retrieve the indicator values for each buffer.

Product Description

The Royal Scalping Indicator M5 is a high-quality forex trading indicator developed by the Forex Robot Easy Team. It provides accurate and reliable trading signals for the M5 timeframe. The indicator incorporates an oscillator, trend, and signal calculation to generate its signals.

Key Features:

  • Accurate and reliable forex trading signals
  • Suitable for the M5 timeframe
  • Adjustable parameters for customization
  • Works on various currency pairs

Please note that this code is a sample and not the official product. To find the official developer of the Royal Scalping Indicator M5, please visit the official MQL5 website.

For more information, detailed reviews, and trading results of the Royal Scalping Indicator M5, please visit the Royal Scalping M5 Review page on the official developer's website.

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