Forex Strategy

Fractional Bands HTF — Index for MetaTrader 5

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The Fractional_Bands indicator with the timeframe selection option available in input parameters:

Input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator graph interval (timeframe). The Fractional Bands HTF repeater indicator demands the compiled custom index file Fractional_Bands. Mq5 to compile. Put it in MQL5Indicators.

After compilation, the Fractional Bands HTF. Ex5 indicator file contains the Fractional_Bands. Ex5 indicator as a source, and therefore, it is not necessary to be present in the terminal folder for the compiled index to work! For this purpose, the corresponding code has been added to the indicator code to incorporate the Fractional_Bands index in the executable file.

The indicator executable file has been added as sources in the international scope

//— Include custom indicators in the index code as sources
#resource \Indicators\Fractional_Bands. ex5
Altered the series path to the index used as resource in the block of the OnInit() function

//— obtaining handle of the Fractional_Bands indicator

Thus, the compiled executable file of this repeater index can be used on other commerce terminals on its own with no original indicator.

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Fractional Bands HTF — indicator for MetaTrader 5 is a Metatrader 5 (MT5) index and the essence of the forex index is to alter the accumulated history data.

Fractional Bands HTF — indicator for MetaTrader 5 provides for an opportunity to detect a variety of peculiarities and patterns in price dynamics that are invisible to the naked eye.

According to this advice, traders may assume additional price movement and adjust their approach accordingly.

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