When the price is approaching to the Signal Lines, the indicator sends Alert. The Signal Lines can have any angle.
Thank you for reading this post, don't forget to subscribe!Initially, the Signal Lines are based on the straight lines of the support and resistance levels. Signal Lines can be moved to the desired place using the mouse .
When the distance between the Bid and Signal Lines is lower than specified (in points), the indicator sends Alert, with the name of the crossed signal line.
If the variable remove_segments is defined, it draw a new segments after the period change. The total number of Signal Lines is not limited.
To use the indicator copy it to the folder “C: \ Program Files \-Terminal-\ experts \ indicators” and attach to the chart.
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
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