This indicator gives BUY or SELL signals and entry level. Use it on M5 or above.
IMPORTANT! >> DON’T open new trade IMMEDIATELY when the status (BUY or SELL) changes, because it may vary! Wait until the opening of the next candle.
(But if you like the high risk and the higher profit, in a strong trend you can enter immediately when the status changes in the same direction of the strong trend.)
It can be useful to use in conjunction with a filter (for example, as JJN-BigTrend on higher timeframe), i.e. sell only in overall downtrend, buy only in overall uptrend.
Test it on demo for the first time.
Use PosX and PosY to place the indicator to the desired location.
MT4 Indicator Download – Instructions
JJN-Nugget is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
JJN-Nugget 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 JJN-Nugget.mq4?
- Download JJN-Nugget.mq4
- Copy JJN-Nugget.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 JJN-Nugget.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator JJN-Nugget.mq4 is available on your Chart
How to remove JJN-Nugget.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: