Forex Global Market Watch GMW MT4 Indicator

Forex Global Market Watch GMW MT4 Indicator:

About the Forex Global Market Watch GMW MT4 Indicator

Introduction

The Global Market Watch (GMW) is a proprietary model that identifies early changes in trend (V-Shapes) as well as occurring trends on a global scale through capital flow, enabling traders to enter major bull and bear markets in their early or evolving stage. (Also check GMW Candles).

The model covers all major currencies: EUR, AUD, CAD, USD, NZD, GBP, CHF and JPY.

  1. Only the currencies with the strongest capital flow is shown in the GMW to avoid weak signals.
  2. If the GMW is empty, then this means there is no major change in capital flow on that specific time frame.
  3. The best trades are found when a new signal pops up on the GMW, this means fresh capital flow is in motion.
  4. The timer at the top of the panel displays how much time is left until the next update on that specific time frame (closing basis).

Parameters

  • Name of your Template: Enter name of template you would like charts to open with.
  • Color Bullish: PaleGreen
  • Color Bearish: LightPink
  • Sound on GMW Update: Tick.wav

Test results:

Forex Global Market Watch GMW 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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