This indicator is commenting always on behalf of EMA (Exponential Moving Average).
I have amended this indicator with some calculations so the strategy of 3 Moving averages is used and also forecast for opening and closing orders.
MT4 Indicators – Download Instructions
Trading Comments is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Trading Comments 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 Trading Comments.mq4?
- Download Trading Comments.mq4
- Copy Trading Comments.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 Trading Comments.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Trading Comments.mq4 is available on your Chart
How to remove Trading Comments.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 below: