mql5

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.