The DayExtremumZones indicator shows daily extremum zones. Maximum zone: distance from day maximum – Х% of day range, minimum zone: distance from day minimum + Y% of day range.
Flexible parameter setting is allowed. Tune zone parameters as you like!
The indicator can display information using one of five drawing styles:
- Filling (DRAW_FILLING);
- Histogram (DRAW_HISTOGRAM2);
- Line (DRAW_LINE);
- Arrows (DRAW_ARROW);
- Not drawn (DRAW_NONE).
DayExtremumZones MT5 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 5
DayExtremumZones – It is a MetaTrader 5 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install DayExtremumZones indicator for MetaTrader 5.mq5?
Download indicator for MetaTrader 5.mq5Copy DayExtremumZones to Directory / experts / indicators /
Start or restart your Metatrader 5 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
Right click on DayExtremumZones for MetaTrader 5.mq5
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 5.mq5 is available on your Chart
How to remove DayExtremumZones Indicator for MetaTrader 5.mq5 from your Metatrader 5 Chart?
Select the Chart where is the Indicator running in your Metatrader 5 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete
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Download DayExtremumZones MetaTrader 5 Forex IndicatorDOWNLOAD INDICATOR