You can now download Moving Average Candles MT5 Indicator for free on AtoZ Markets indicators gallery. Moving Average Candles draws a moving average as candlesticks.
Moving Average Candlesticks is one of the simplest trend-following forex trading indicators you may have ever experienced. It is able to define the market trend plus trade entry signals and helps with the exits as well. Its easy features and simple chart demonstrations offer a great advantage for the newbie traders.
Moving Average Candlesticks is also known as a versatile trading tool because it can be applied to trade all kinds of forex currency pairs around the market. Besides, it fits with all sorts of timeframe charts within the MT5 trading platforms.
It has five input parameters:
- MA period – Moving Average calculation period
- MA method – Moving Average calculation method
- MA shift – Shift
- Bullish candles color – Color of bullish candlesticks
- Bearish candles color – Color of bearish candlesticks.
Currency Pairs: any
Trading Session: any
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How to download and install an indicator?
In order to install the indicator on your MT5 platform, you need to follow these steps:
- Click on “Download Indicator” button located at the bottom of the screen.
- Save the file to your computer.
- Extract and move the files into MT5>Indicator folder of the MetaTrader 5 software file directory.
- Restart your Metatrader platform.
- Navigate to “Indicators.”
- And select “Moving Average Candles MT5 Indicator” template to apply it on the chart.
Note: This indicator was developed by Jack. AtoZ Markets does not carry any copyrights over this trading tool.
Should you trade Forex using Moving Average Candles MT5 indicator on your own at all?
Before you start trading Forex with this moving average indicator, you'll want to read this.
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