Psychological Line Indicator Mt4

The indicator is almost 2 years old.

Psychological line indicator mt4. Prime features of the psychological line indicator. Indicator wso wro trend line. Psychological indicator for metatrader 4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Mt4 psychological mq4 3 7 kb 341 views so the indicator only display the numbers of mor ratio 0 without lines of each forex indicators download instructions. Rsi with rsi indicator. One of the methods is to use it to generate counter trend trades.

Psychological provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. When the indicator reaches upper extreme levels the sell position can be opened. Cci of ema indicator.

You can use the psychological line indicator to generate trading signals. Psychological line psy as an indicator is the ratio of the number of rising periods over the total number of periods. It reflects the buying power in relation to the selling power.

If psy is above 50 it indicates that buyers are in control. Mt4 indicators download instructions psychological is a metatrader 4 mt4 indicator and the essence of the forex indicator is to transform the accumulated history data. Mt4 psychological is a metatrader 4 mt4 indicator and the essence of the forex indicator is to transform the accumulated history data.

I didn t lay it out because i had no idea of how to use it.