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.
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:
- 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 MetaTrader5 software file directory.
- Restart your Metatrader platform.
- Navigate to “Indicators.”
- 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.