This advanced Forex dashboard indicator for MT4 measures buyers versus sellers in the market.
It can give you a good indication where the future currency price is heading to, up or down.
Who wins the battle?
A green trend means that buyers outranks the sellers, price goes up.
A red trend means that sellers outranks the buyers, price goes down.
The buyers vs seller indicator works for the M1, M5, M15, M30, H1, H4 and daily chart.
Trading Signals
Buy: Wait for green trend to rise above 90%.
Sell: Wait for red trend to rise above 90%.
Indicator Preferences
Currency pairs: any
Preferred Time frames: Suitable for 1 min charts up to the daily charts.
Sessions: Europe and US for charts below the 30 min, 24/7 for 30 min charts and higher.
Download
Download the BvS v3.ex4 indicator.
Configurable Indicator Options
ShowHistogram, ShowDelta, Period, Corner, Colors,…
EUR/USD 15 Minute Chart Example
How to install the Buyers Versus Sellers Forex Dashboard custom indicator in Metatrader 4?
- Download the BvS v3.ex4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.