This inidicator uses simple moving average 20,50,100,200 to see the next target area it will touch so you know where its going…
So if it break ma 20 next target ma 50, if break ma 50 next target ma 100, if it break ma 100 the next target its ma 200.
It have dual language Indonesian and English… Moving average not include with this indicator. it just show the target.
MT4 Indicators – Download Instructions
Target indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Target indicator 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 Target indicator.mq4?
- Download Target indicator.mq4
- Copy Target indicator.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 Target indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Target indicator.mq4 is available on your Chart
How to remove Target indicator.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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MT4 Indicators Download here: Target indicator