Technical Indicators for MetaTrader 5

Swing or Scalp Mt5

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Information

Indicators
MetaTrader 5
5
Jermaine Wedderburn
21 February 2020
1.0

Overview

  • Continuous Coloured dot lines under and above price when conditions are met.
  • Arrows Red and Green for entry Points. 
  • User can change the colours of the arrows in the colour section of the indicator. 
  • It is consider a great scalping tool on lower time-frames, while higher time frames will have fewer opportunities but trades will possibly last longer. 
  • There is an input for Alert on or off. 
  • This can be used effectively on M15/M30 Chart until up to H4 chart time. 
  • It is best if the user has some experience with money management, utilising trailing stop to protect trades otherwise setting order stop-loss and order take profit based on your experience or preferences. 
  • Finally this tool can be used to filter other signals or alerts being used otherwise. 
  • Do Trade Well.


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