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Real Market Value Forex Indicator

The Real Market Value Forex indicator for Metatrader 4 measures real market price movements.

It doesn’t react quickly to spikes and rapid price movements.

As a result, it’s a great trend following indicator for overall trend direction.

Trading Signals

Buy:

Wait for the price to move above the indicator from below.

Alternatively, wait for a slope upwards of the real value indicator, then find entry points in the upwards trend.

Sell:

Wait for the price to move below the indicator from above.

Alternatively, wait for a slope downwards of the real value indicator, then find entry points in the upwards trend.

Indicator Preferences

Currency pairs: any

Preferred Time frames: Suitable for 1 min charts up to the weekly charts.

Sessions: any

Download

Download the realvalue.mq4 indicator.

Configurable Indicator Options

Period, colors, Alpha, variation

GBP/USD Daily Chart Example

real-value-forex-indicator

How to install the Real Market Value custom indicator in Metatrader 4?

  • Download the realvalue.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.