After crossing the 15 and 80 levels, the Yang Trader MT4 indicator will give you signals via arrows where if the price surpasses the 15 level, this is considered a buy signal so you will get an up arrow. While crossing the 80 level is a selling signal where you will get a down arrow.
The charts represent supply and demand for the traders where their behavior is plotted in order to modify their strategies and know what is going on in the market.
Indicator also presents to the traders the overbought and oversold levels so that they can determine extreme price changes. Passing the 80 level means that the currency pair is overbought and below 20 means that the currency pair is oversold.
How To Trade With Yang Trader:
Yang Trader has 2 indicators where one window is used to present the oscillator and the other to show the signals on the price chart.
Buy Signal: When Indicator moves above the 15 line (i.e. wait for a blue arrow below the price candle).
Sell Signal: When Indicator moves below the 80 line (i.e. wait for a red arrow above the price candle).
Yang Trader Forex Indicator MetaTrader4 – Download Instructions
Yang Trader Indicator- In order to transform accumulated history data, you need a MetaTrader 4 indicator. It is a MetaTrader 4 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 Yang Trader indicator for MetaTrader 4.mq4?
Yang Trader Forex Indicator for MetaTrader 4.mq4Copy Indicator for MetaTrader 4.mq4 to your Metatrader 4 Directory / experts / indicators /
Start or restart your MetaTrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your MetaTrader 4 Client
Right click on Yang Trader Indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Forex Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Yang Trader Forex Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete
Related Source: Yang Trader MT4 Indicator
Related Indicator: Trendline Price Alert MetaTrader 4 Forex Indicator
Download Yang Trader Forex IndicatorDOWNLOAD INDICATOR