This code is for the TPSproTREND Pro MT5 indicator developed by the Forex Robot Easy Team. The TPSproTREND Pro MT5 indicator provides accurate trend analysis and signal generation for trading in the MT5 platform. It uses a non-repainting signal feature to prevent alteration of signals and has a user-friendly interface to display BUY/SELL zones. The indicator also incorporates intelligent logic to manage the stop-loss level over time.
For detailed reviews and trading results of this product, please visit the Forex Robot Easy website. Please note that Forex Robot Easy is not the official developer of this product. This code is provided as a sample that can work as described in the product.
The following global variables are defined:
buyZoneColor
- The color for the BUY zonesellZoneColor
- The color for the SELL zone
The OnInit
function is called during the indicator initialization. In this function, the indicator buffers are added and configured. Buffer 0 is set as the BUY zone, and buffer 1 is set as the SELL zone. The indicator label is also set.
The OnCalculate
function is called for each new tick to perform trend analysis and signal generation. In this function, the BUY and SELL zones are set based on the provided example. The BUY zone is set from 1.3000 to 1.3100 for all available rates.
The OnDeinit
function is called when the indicator is removed or the platform is closed. Any necessary cleanup and resource management can be performed in this function.
For more information about the TPSproTREND Pro MT5 indicator and to find the official developer of this product, please refer to the MQL5 website.