Trader's indicator.
Even if you are used to doing without technical analysis indicators in your work, this tool will not be an unnecessary addition to your chart.
The trader’s indicator does not overload with unnecessary information, but simply provides the most necessary data about the current trend.
Its use will help you notice the changes that have occurred in time, and you will be able not to miss a change in trend or a major correction.
Download trader indicator.
The main indicators that will appear in the additional window of the trading terminal after installing the script:
Name – the Forex currency pair that is currently used in trading.
Last – last price, duplicating the current quote, it is much more convenient to monitor the price than on a regular chart.
Change – the existing deviation between Last and the price at which the market opened, serves as the main guideline for determining the price direction.
%CH – the same thing, but only as a percentage, minus the price has decreased relative to the beginning of the session, plus – there is an increase in price.
Open – rate at the start of the Forex trading session , serves as one of the main parameters when calculating the deviation.
High – maximum price for the current session, can be used as a guide when choosing the direction of the transaction.
If the price is below the specified maximum and is currently moving up, then it makes sense to open a buy deal. Low – the minimum rate value recorded for the current session is used in the same way as the previous indicator.
Candle Color – trend direction; the direction of the existing trend is displayed here, depending on the timeframe.
LocalTime – local time, it is advisable to change the setting to the time at which Forex dealing centers .
Spread – the amount of the broker's commission for a given trading instrument, taking into account the number of digits in the quote.
The trader's indicator is a universal tool that can be used for any trading option, regardless of the strategy, time period, deposit size and other trading indicators.