symbol movement
Info
The symbol movement is a Indicator for MetaTrader 4 that this custom indicator will show you 28 pair's daily candle range, high-low range, candle bullishness or bearishness from real tick market. so you can understand the overall market situation very short time.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use symbol movement
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
this custom indicator will show you 28 pair's daily candle range, high-low range, candle bullishness or bearishness from real tick market.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: price movement amplitude indicator - another powerful indicator for MetaTrader 4 traders.
this custom indicator will show you 28 pair's daily candle range, high-low range, candle bullishness or bearishness from real tick market. so you can understand the overall market situation very short time. you can change the default timeframe from daily to any period and default candle (bar) number from 0 to any previous number. also you can open the required symbol by clicking the symbol button.
Also recommended: price movement amplitude indicator - similar indicator with strong performance on MetaTrader 4.
to understand the indicator's activity, please see the attached image:input parameters
candle number
- to get real time information, you should use 0 value for running candle. so indicator will show you every point update in panel box. you also can use any higher value than 0 for specific previous candle information.
timeframe
- change the timeframe from here. your chart can be any timeframe, but indicator will show you this period's information in the panel box. default timeframe is daily, but you can use any timeframe by changing from here.
button bullish color
- define your button bullish color from here for the panel box.
button bearish color
- define your button bearish color from here for the panel box.
button text color
- define your button text color from here for the panel box.
show market price
- market price will be bid or ask price. select from here bid price or ask price. if none is selected, no market price will be shown on panel box and panel width size will be decreased automatically.
button height
- define your button height size from here for the panel box.
button font size
- define your button font size from here for the panel box.
You may also like: symbol index with moving averages - excellent alternative for indicator users on MetaTrader 4.
Source Code
string indicator_name="symbol movement: ";
#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property version "1.10"
#property strict
#property indicator_chart_window.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.