SimpleBars

SimpleBars

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The indicator colors candlesticks based on the highs and lows of previous bars.

The original indicator was written in MQL4 and published in CodeBase on 25.04.2012.

 

MT5 Indicator – Download Instructions

SimpleBars is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

SimpleBars 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 SimpleBars.mq5?

  • Download SimpleBars.mq5
  • Copy SimpleBars.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 SimpleBars.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator SimpleBars.mq5 is available on your Chart

How to remove SimpleBars.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:

SimpleBars

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