Forex Extreme Finder DEMO MT4 Indicator

Forex Extreme Finder DEMO MT4 Indicator:

About the Forex Extreme Finder DEMO MT4 Indicator

ExtremeFinder DEMO analyze chart and find local extremes – maximum and minimum. Searched extreme is always of opposite type then previous. Local extreme is confirmed when price difference is higher then set price difference, but not sooner then after set number of candles. Price difference to confirm local extreme can be set as absolute value or in percent of local extreme price. Confirmed local extreme is depicted by filled circle, unconfirmed by blank circle.

DEMO RESTRICTIONS:

Only absolute value can be selected and set as local extreme price difference confirmation mechanism.

Indicator WORK ONLY ON M15 TIMEFRAME.

Test results:

Forex Extreme Finder DEMO MT4 Indicator

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)

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