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.
Buy: Wait for green trend to rise above 90%.
Sell: Wait for red trend to rise above 90%.
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.
Configurable Indicator Options
ShowHistogram, ShowDelta, Period, Corner, Colors,…
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.