The indicator shows daily extremum zones. Maximum zone: distance from day maximum – Х% of day range, minimum zone: distance from day minimum + Y% of day range.
Flexible parameter setting is allowed. Tune zone parameters as you like!
The indicator can display information using one of five drawing styles:
- Filling (DRAW_FILLING);
- Histogram (DRAW_HISTOGRAM2);
- Line (DRAW_LINE);
- Arrows (DRAW_ARROW);
- Not drawn (DRAW_NONE).
MT5 Indicator – Download Instructions
DayExtremumZones Metatrader 5 Indicator is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
DayExtremumZones Metatrader 5 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 DayExtremumZones Metatrader 5 Indicator.mq5?
- Download DayExtremumZones Metatrader 5 Indicator.mq5
- Copy DayExtremumZones Metatrader 5 Indicator.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on DayExtremumZones Metatrader 5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator DayExtremumZones Metatrader 5 Indicator.mq5 is available on your Chart
How to remove DayExtremumZones Metatrader 5 Indicator.mq5 from your Metatrader 5 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
Click here below to download MT5 Indicator:
DayExtremumZones Metatrader 5 Indicator