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Market Phase Index for MT4 and MT5

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mql5
, 05-22-2019 at 09:20 AM (827 Views)
      
   
Market Phase Index MT4 - indicator for MetaTrader 4
and
Market Phase Index MT5 - indicator for MetaTrader 5

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Indicator to determine the trend and flat market based on the amplitude of the price and the intersection of bars.

  • If the indicator values are higher than 0.4, it is recommended to trade based on trend strategies.
  • If the indicator values below 0.4 - recommended trading based on flat strategies.

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