Signal Bars Indicator

Signal Bars Indicator

Forex high/low, spread, pips, from the best Signal Bars Indicator for MT4. Find key info for any forex pair.

The Signal Bars Indicator is an MT4 indicator that mentions pips, spreads, high/low, and daily average on the chart. It plots this info on the right side of the chart.

The indicator combines well-known indicators like the MACD, CCI, MA, RSI, and Stochastics to present the data. However, these indicators don’t show up on the chart.

The good thing is you can use this indicator at any timeframe.

How to use the Signal Bars Indicator for MT4?

The above GBP/USD H4 chart shows the Signal Bars Indicator.

The indicator doesn’t give BUY/SELL signals; instead, you have to look at the data and add any other indicator.

Here’s what the indicator shows:

The spread is the difference between the bid/ask price of the forex pair.
Pips to open mention how far the pair is from the daily open.
High to low is the difference between the highest and the lowest point in the day.
Daily Average shows the movement of the forex pair.
Conclusion
The Signal Bars Indicator for MT4 shows important info like spread, pips, daily high/low, and average movement. By looking at the info, you can make more informed decisions.

If you want to try the indicator, you can download the indicator for free on our website.