Daily trend ZCOMFX v2

First version. A very useful indicator to show trend of up to 6 currency pairs on your charts. For more information and forex trading visit my blog.

Use only on 1 hour timeframe, because it uses indicators of 1H chart. On other timeframes select ShowArrows=false in settings. If You do not want to show trend of other pairs, just delete symbol names in settings.
Best to trade on smaller timeframes (M30, M15, M5, M1).
Best to use with default settings.
Use this indicator as daily trend indicator. Do not use this as a signal indicator.

In a chart below there are marked trend of 2 months of EUR/USD.

 

MT4 Indicator Download – Instructions

[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install [post-title].mq4?

  • Download [post-title].mq4
  • Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on [post-title].mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator [post-title].mq4 is available on your Chart

How to remove [post-title].mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

MT4 Indicators Download below:

Daily trend ZCOMFX v2

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