Indicators for MT4


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Speed Candle MT4 Indicator

Speed Candle MT4 Indicator

Speed candles are one of the awesome tools in MT4 indicators. This tool helps to generate the entry signals as fast as possible. Also, it works well on all currency pairs and all timeframes.

This indicator displays separate green and red bars in the upper left corner of the MT4 chart. Besides, these Green and Red bars work well in all time frames.

This MT4 indicator is suitable for Forex and fits for scalping and day trading.

Green Bars indicate the Uptrend.

The Red bars indicate the Downtrend.

Trading Signals:

BUY signal – If the Green price bar reaches extreme levels, open BUY trade. These levels should be between 85% to 100%.

SELL Signal: If the Red price bar reaches extreme levels, open SELL trade. And these levels must be 85% to 100%.

EXIT trade: Close the trade while the opposite signal occurs. You can use your method to EXIT the trade.

Moreover, this speed candle performs only on the MT4 platform.

Time frames – 1-minute, 5-minutes, 15-minutes, 30-minutes, 1-hour, 4-hours, 1-day, 1-week, and 1-month.

Setting this Speed candle indicator on your MT4 chart is quite easy.

Once you copy the Indicator file, open File data folder > MQL4 > Indicators > Paste the copied indicators file.

To install the templates on the MT4 chart, Open the file data folder > Template > Paste copied template file.

Apart from this speed candle MT4 indicator, there are many trend indicators in the market.

If you want to know the trend accurately, message us. We are providing low-cost MT4 chart India and MT4 software prices in India.

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