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Market Way indicator for MetaTrader 4

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Old 20-03-2018, 21:30
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Default Market Way indicator for MetaTrader 4

MarketlWay.png

The idea of this indicator is old, but not so much that we can say that is as old as forex:) The reason that the differences in the costs of opening and closing appeared only with

This indicator summarizes the difference of opening and closing for a certain period of time, the main line, +

Sums only bear bars;

Sums up the only bull bars,

and also added a weighted average of the total period.

Advantages:


    Combines (important!) The possibility of an oscillator and the trend indicator;
    Easy to understanding and interpretation;
    Good points to upward or downward movement;
    Points to the bull and / or bearish pressure, the estimated amount of motion (important!) In points, which can play a significant role in the installation stops and profits.
    Indicates the presence of lateral movement, and its strength (high or low volatile).
    Indicates the point of overbought / oversold levels.
    Clearly indicates the wave function of the price movement and the possibility of rendering the levels of divergence / convergence.
    Allows you to decide on the future behavior of prices and (important!) To enter the market, using the (important!) Only this indicator;
    Works well with the data of any timeframe, as well as with the data other than forex, markets;
    Without additional smoothing filters out false signals the breakdown cost SMA with the same period

How to install Market Way indicator for MetaTrader 4.mq4?


    Download Market Way indicator for MetaTrader 4.mq4
    Copy Market Way indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
    Start or restart your Metatrader 4 Client
    Select Chart and Timeframe where you want to test your MT4 indicators
    Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
    Right click on Market Way indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Market Way indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Market Way indicator for MetaTrader 4.mq4 from your Metatrader Chart?


    Select the Chart where is the Indicator running in your Metatrader 4 Client
    Right click into the Chart
    "Indicators list"
    Select the Indicator and delete

Click here below to download:

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