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Jul 5, 2016

Trend momfilter_v1 Indicator -mq4

Trend momfilter_v1 Indicator -mq4
Trend momfilter_v1 is indicator can be used as a trend filter in order to follow the overall trend of any currency pair.
Trading Signals:
Buy :Lime Green color bars.Look to Buy when the overrall trend of the currency pair is Bullish
Sell :Dark Orange color bar.Look to Sell when the overall trend of the currency pair is Bearish

Indicator Preference:
  Currency pairs: any
  Time frame: any
  Trading sessions:any

Configurable Indicator Options:
PeriodMOM(14)
Example:EUR/USD-H1

How to use a custom indicator on your charts:
Step1: Dowload the mq4 file into your c:\Prom File\Meta Trader4\MQL4\Indicators
Step 2: Open your MT4
Step 3: Locate the Navigator Panel.
Step 4: On the Navigator ,find custom Indicators .
Step 5:Click Custom indicators ,and you should see your newly installed indicator.
Step 6:Double click the indicator and the Indicator Properties window will appear.
Step 7: Click OK.


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