The Multi Range Calculator MT4 indicator shows a lot of useful data for any currency pair.
It automatically calculates the previous daily range, previous 5-day range, previous 10-day range, maximum stop-losses for both long and short trades and the current day high-low range.
Download
Download the Multi Range Calculator.mq4 indicator.
EUR/JPY Daily Chart Example
How to install the Multi Range Calculator custom indicator in Metatrader 4?
- Download the Multi Range Calculator.mq4 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.