The Robby DSS Forex indicator, based on an exponential moving average and the Stochastic oscillator oscillates between 5 (oversold) and 95 (overbought) extreme readings.
The indicator provides traders with easy to read buy and sell dots.
- Red dots represent possible sell entries.
- Blue dots represent possible buy entries.
BUY: In up trends – wait for the first blue dot to appear.
SELL: In down trends – wait for the first red dot to appear.
Configurable Indicator Options
EUR/USD Daily Chart Example
How to install the Robby DSS custom indicator in Metatrader 4?
- Download the Robby DDS.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.