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VR---FIGURA
Info
The VR---FIGURA is a Indicator for MetaTrader 4 that the indicator on the quadrangle patterns, designed to work on hourly timeframes. Indicator displays quadrangle figure, angles of which areDaily OpenDaily High Daily Close Daily LowThe essence of the system is visual determination of subsequent movement:If the latter figure has a narrowing and the narrowing is less than the base of the figure, it forecasts continuation of a trend (at least the size of the base) If the latter figure has an expansion and the expansion is greater than the base of the figure, it predict possible reversal (at least the size of the base) If the base and the end of the figure are visually equal, a correction is expectedNarrowing 3 is less than base 1 == trend continuation is predicted Narrowing 4 is approximately equal to the base 2 == flat is predicted Narrowing 6 is greater than base 5 == change in the trend is predicted Narrowing 9 is greater than base 7 == change in the trend is predicted Narrowing 11 is greater than base 8 == change in the trend is predicted.
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 VR---FIGURA
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
The indicator on the quadrangle patterns, designed to work on hourly timeframes.
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: Figurelli RS I - another powerful indicator for MetaTrader 4 traders.
The indicator on the quadrangle patterns, designed to work on hourly timeframes.
Indicator displays quadrangle figure, angles of which are
Also recommended: Symbol Spread Equity Profit Bannermq4 - similar indicator with strong performance on MetaTrader 4.
Daily Open
Daily High
Daily Close
Daily Low
The essence of the system is visual determination of subsequent movement:
If the latter figure has a narrowing and the narrowing is less than the base of the figure, it forecasts continuation of a trend (at least the size of the base)
If the latter figure has an expansion and the expansion is greater than the base of the figure, it predict possible reversal (at least the size of the base)
If the base and the end of the figure are visually equal, a correction is expected
Narrowing 3 is less than base 1 == trend continuation is predicted
Narrowing 4 is approximately equal to the base 2 == flat is predicted
Narrowing 6 is greater than base 5 == change in the trend is predicted
Narrowing 9 is greater than base 7 == change in the trend is predicted
Narrowing 11 is greater than base 8 == change in the trend is predicted
You may also like: AD X real - excellent alternative for indicator users on MetaTrader 4.
⚠ 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.