RJTX Matches Metatrader 5 Indicator helps to determine the beginning and end of trends on the basis of the slope of the “matches” lines and the color of their heads.
Slope of the lines shows the evolution of the price trend. This shows the strength of the trend, whether it continues, or we need to prepare for a change of the direction.
Every match represents a line between the open price of the bar and the close price of the next one. In contrast, in this indicator the distance between the opening price and closing price is not a single bar, but the number of bars, located on a distance determined by the input parameter of the indicator:
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//| Indicator input parameters |
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input uint iPeriod=10;
In this option indicator more versatile in use. This function is suitable for intraday trading (scalping, swing) on small timeframes (M1/H1).
RJTX Matches MT5 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 5
RJTX Matches – 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 RJTX Matches indicator for MetaTrader 5.mq5?
Download indicator for MetaTrader 5.mq5Copy RJTX Matches 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 RJTX Matches 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 RJTX Matches 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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