This indicator is plot in the chart base on the tick price, ie. when the price moves down 10 pips it plots the down candle and wait till the next 10 pips if move up 10 pips it plots the up candle with the other color candle to indicate the up down price . It only plot when the price is reach a specific pips the you can indicate it your self.
MT4 Indicator Download – Instructions
Price Action Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Price Action Indicator 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 Price Action Indicator.mq4?
- Download Price Action Indicator.mq4
- Copy Price Action Indicator.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 Price Action Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Price Action Indicator.mq4 is available on your Chart
How to remove Price Action Indicator.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: