The currency indices indicator – indicator for MetaTrader 4

Plots indices of all major currencies, showing at a single glance strength and direction of each of the majors to identify trading opportunities.

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The Indexes_v7L indicator calculates the indices of 8 major currencies. All 8 indices will be displayed in one window. It is possible to enable the automatic detection of the currency pair when attaching to a chart, and the output of the corresponding indices. Calculation of CCIRSIMomentumMACD and Stochastic based on the currency indices, and also application of Moving Averages. The indicator displays the increase/decrease in the price of the currency as a percentage of some initial value set as 100% relative to the currency basket. The undeniable advantage of the indicator is the ability to see the entire market at once without switching charts.

All versions of the indicators require only 7 currency pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY.

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MT4 Indicators – Download Instructions

[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install [post-title].mq4?

  • Download [post-title].mq4
  • Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on [post-title].mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator [post-title].mq4 is available on your Chart

How to remove [post-title].mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

MT4 Indicators Download below:

The currency indices indicator