The Forex Momentum Winner indicator for Metatrader 4 displays momentum for any pair and time frame.
The indicator gives you an idea about technical momentum in real-time.
The indicator works for any currency pair of your preference.
Free Download
Download the “anything-indicator.mq4” indicator for MT4
Indicator Example Chart (EUR/USD Daily)
How to trade with it (example)?
The indicator itself does not provide buy and sell signals.
Feel free to use your own favorite trading method or system to open and close trades with the Forex Momentum Winner indicator.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: X1, Y1, color settings & style
Indicator type: momentum
Repaint? Does not repaint the momentum signal line.
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Download the “anything-indicator.mq4” indicator for Metatrader 4
Usage:
Works for any trade style: scalping, day trading and swing trading .
The Forex Momentum Winner indicator for MT4 can’t be used as a standalone signals indicator.
Combine with an existing trading strategy or system.
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the anything-indicator.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.