FX Multi Meter MT4 Forex Indicator
FX Multi Meter MT4 Indicators in the Dashboard
The FX multi meter MT4 indicator combines the following indicators and displays the values in the dashboard.
Bar meter: Shows the percentage of increase or decrease of the current price compared to the previous 4 Bars’Bars’ closing prices.
MACD: MACD signal cross-over direction in the current chart.
MA-X The direction of cross-over of the Linear weighted moving average and simple moving average.
William’sWilliam’s percentages – Values based on the momentum-based William’sWilliam’s percentage indicator
Parabolic Stop and Reverse Indicator- This shows the direction of the PSAR.
Moving Averages – Shows the trend direction from M1 to D1 time frames of the currency pair.
Stochastic Oscillator – Shows the stochastic values from M1 to D1 time frames.
Current Spread of the currency pair.
Traders can download the FX multi meter metatrader for free. Furthermore, the dashboard is simple to understand and interpret. So it is beneficial for new and experienced traders.
Conclusion
The FX multi meter Indicator for MT4 is essential for forex traders. Mostly, it uses momentum and averages to calculate the trend direction. Moreover, the FX Multi meter metatrader indicator is free to download. To explain, the dashboard displays the values of every indicator separately. As a result, traders can get the values of multiple indicators in one place within the dashboard and base their trading decisions accordingly.
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