Optimistic trader may enter the market when the price crosses the aqua line.
More reliable entry will be when the price crosses the blue line.
When the price comes back and crosses the red line you can open a position in the course of price movements.
This indicator designed for EURUSD, M5.
MT4 Indicator Download – Instructions
MaEnv 02B is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
MaEnv 02B 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 MaEnv 02B.mq4?
- Download MaEnv 02B.mq4
- Copy MaEnv 02B.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 MaEnv 02B.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator MaEnv 02B.mq4 is available on your Chart
How to remove MaEnv 02B.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: