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Moving Average Rounding Candle MT5 Indicator

May 20, 2020
Moving Average Rounding Candle MT5 Indicator

You can now download the Moving Average Rounding Candle MT5 Indicator for free on the AtoZ Markets indicators gallery.

Moving averages are very useful indicator. They provide a lot of versatility in technical analysis and are used by professionals as well as beginners traders. This indicator uses a moving average 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 forecast uptrends and downtrends while trading in the FX market.

Timeframe: any

Broker of the month

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 the “Moving Average Rounding Candle 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.

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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