Digits Comment Indicator

Digits Comment Indicator

Forex BUY and SELL signals from the best Murray Math Line Indicator. Find exact entry and exit points.

The Digits Comment Indicator is a simple MT4 indicator that comments about the entry and exit points. The indicator comprises four lines or levels; FATL, SATL, RSTL, and RFTL. They come in different colors blue, steel, blue, dark violet, and red. RSTL is the biggest line and comprises of dark violet color. The red line represents the RFTL. SATL consists of steel blue, while the FATL comprises blue color. If you get confused with the steel blue or blue colors, you can always change it in the indicator’s color settings.

Think of these lines as the key support and resistance levels. These lines tell you the next buying and selling points. Traders can detect BUY and SELL signals from these lines and take their positions accordingly.

Digits Comment Indicator lines reflect Moving Averages, but the lines don’t have any period here. They just plot entry or exit points. Traders can use the indicator on every timeframe. However, it’s better to use the indicator on longer timeframes, as the Digits Comment Indicator is prone to false signals on lower timeframes.

Digits Comment Indicator BUY/SELL signals

The above GBP/USD H4 chart shows the Digits_Comment Indicator. To determine the BUY and SELL signals, traders need to look at the four lines and what the indicator mentions in the top left corner. On the top left corner, the indicator mentions four levels. These four levels reflect the forex pair’s current buying and selling point.

As mentioned earlier, all four lines have different colors. The blue FATL is the first line in the hierarchy. It marks the closest level to the current price. Whenever the price goes towards the FATL level, it mentions the buying point. The steel blue SATL comes next. According to the indicator, we can expect a further downside move when the price falls toward the SATL level. Here traders should go short.

The RSTL represents the lowest point from the current price. It mentions the current selling point. According to the indicator, when the price dips towards the level, it can go downwards, and traders need to enter short. The red RFTL is the last line. It is closest to the current price after the FATL. If the price goes to the RFTL level, then there is a chance then the price can go into an uptrend. Traders need to understand the concept of four lines to enter or exit. FATL and RFTL mention the buying point, whereas RSTL and SATL mark the selling point.

Conclusion
The Digits Comment Indicator for MT4 is perfect for determining buying and selling levels. By plotting four different lines, traders can know the exact entry and exit points. In addition, you can download the indicator for free from our website.