Mql5官网 Trend Balance Bar 外汇EA

Trend Bar Balance Indicator

Simple indicator based on trend detection and support resistance breakage 

It detects the major trend and the minor support and resistance levels

*** a signal for UP /BUY is detected and alerted in a BULL trend and a resistance level break

*** a signal for DOWN /SELL is detected and alerted  in a Bear trend and a support level break

THE POWER OF THIS INDICATOR I USE IT WHEN YOU COMBINE ITS DAILY SIGNALS FROM DIFFERENT CHART SYMBOLS AT SAME TIME AND CLOSE ALL ORDERS BY END OF
DAY

Inputs :

 *** Bars count : used for trend calculations and support resistance levels (min value 20)

*** Shift : calculations start after how many bars 

*** Indicator start Hour for signaling (i use the start of europe session 10 as per ME times)

*** Indicator end Hour for signaling (i use 20 as per ME times)

*** enable/disable alerts

*** enable/disable Email alerts

You can try it on any time frame M1,M5,M15,M30,H1,H4 as long as bars count not less than 20

— I use M30  with parameters Bars = 50 , shift = 1 , hour start = 10 , hour end = 20)

of course higher time frames need lower bars input (not less than 20)