Forex Austin Bat MT4 Indicator:
About the Forex Austin Bat MT4 Indicator
The indicator is trend following and forms buy and sell zones that look like bat wings, hence the name.
The algorithm used tries to stay in the trend for as long as possible thereby producing stable signals
The inputs are open for the user to pick the best combination. The longer the Smoth2Period the more stable the result.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)