This indicator displays local tops/bottoms in the chart with the blue and the red dots next to them. This allows you to see the trading range for the currency pair. The indicator will draw a dot if the top/bottom is significant enough. The positions of the dots could change.
What can you trade using the Beginner indicator
This indicator should not be used to signal trades. This could lead to you losing.
How do I download and install an indicator
These steps will help you install the indicator onto your MT4/MT5 platform.
- At the bottom of your screen, click on the " download indicator" button.
- Save the file to your hard drive.
- Navigate to " Indiators."
- To apply the "Beginner indicator" template, select it.
Note that This indicator has been created by a third-party. AtoZ Markets has no copyrights to this trading tool.