When launching the indicator, the necessary symbol for display (“Symbol1” parameter) should be specified in the input parameters. EURUSD is set by default. Several copies of the indicator with different input parameters can be launched allowing users to conveniently analyze several trading symbols in one window.
The indicator will be useful for traders interested in pairs trading (spread trading). The indicator allows to compare visually the charts of two symbols in one window estimating their correlation. The indicator bars are strictly synchronized by time with the bars of the chart the indicator is launched at.
Example of the indicator operation is shown below: AUDUSD (above), NZDUSD (in the indicator window below).
MT5 Indicators – Download Instructions
Second Graph – indicator for MetaTrader 5 is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
Second Graph – indicator for MetaTrader 5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies
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How to install Second Graph – indicator for MetaTrader 5.mq5 to your MetaTrader 5 Chart?
- Download Second Graph – indicator for MetaTrader 5.mq5
- Copy Second Graph – indicator for MetaTrader 5.mq5 to your Metatrader 5 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 Second Graph – indicator for MetaTrader 5.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Second Graph – indicator for MetaTrader 5.mq4 is available on your Chart
How to remove Second Graph – indicator for MetaTrader 5.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Second Graph – indicator for MetaTrader 5 (Free Download)
Click here below to download: