Forex The five guardians MT4 Indicator

Forex The five guardians MT4 Indicator:

About the Forex The five guardians MT4 Indicator

The five guardians

This indicator is a combination of the next indicators, each with their own settings.

CCI

MACD

ADX

DMI

STOCHASTIC

When all five of them align with the same movement we get a green color which represents the buy movement , and contrary we have a red color which represents a sell movement.

If its gray, its undecided, and we have to wait until a better signal will appear.

Test results:

Forex The five guardians 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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