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MA Rounding Candle HTF MT5 Indicator

Apr 28, 2020
MA Rounding Candle HTF MT5 Indicator

You can now download MA Rounding Candle HTF MT5 Indicator for free on AtoZ Markets indicators gallery.

Moving averages are a very useful indicator. They provide a lot of versatility in technical analysis and are used by professional traders. This indicator uses this kind of MA line to provide improved identification of trends.

This indicator will change the color of the candlestick depending on whether the price is higher or lower than a certain moving average. This makes it possible to judge uptrends and downtrends at a glance. Here we will introduce such an interesting MT5 indicator.

This indicator makes it easy to see moving averages and price crossovers. In addition, changes in candlesticks indicate changes in trends. Therefore, it would be good to close the position if the color changes. You can also place a buy or sell order to match the color change.

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Timeframe: any

Currency Pairs: any

Trading Session: any

How to download and install an indicator?

In order to install the indicator on your MT5 platform, you need to follow these steps:

  1. Click on “Download Indicator” button located at the bottom of the screen.
  2. Save the file to your computer.
  3. Extract and move the files into MT5>Indicator folder of the MetaTrader5 software file directory.
  4. Restart your Metatrader platform.
  5. Navigate to “Indicators.”
  6. And select “MA Rounding Candle HTF MT5 Indicator” template to apply it on the chart.

Note: This indicator was developed by T. Morris. AtoZ Markets does not carry any copyrights over this trading tool.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.

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