This indicator provides an easy way to find out the current direction of a pair. If you notice in the image below, just by looking at the last line you already know what will happen next, whether it’s “buy” or “sell”. When you put there a vertical line, it will become easier to find out the direction that will occur and the current trend. This indicator has been specifically designed to be used together with TF H4. So when you use it together with TF H4, you just need to look at the last line to “buy” or “sell”. If you’d like to know whether the “breakout” is happening or has happened, you should look at “arrow”. Basically “arrow” in this indicator is created for the “breakout”.
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[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
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