Symbol X Candle MT5 Indicator

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This indicator calculates the index of a given currency, using the USD index. It is based on indicator SymbolX, but four prices are used for calculations: OHLC instead of just one Close price.

For example:

  • EUR index is calculated as (EUR / USD) * USDX;
  • CHF index is calculated as USDX / (USD / CHF).

The indicator has to configurable inputs:

  • Instrument – name of the instrument, the index of which shall be calculated;
  • Invert the graph – invert the indicator graph.

MT5 Indicators – Download Instructions

Symbol X Candle MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Symbol X Candle MT5 Indicator 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 Symbol X Candle MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download Symbol X Candle MT5 Indicator.mq5
  • Copy Symbol X Candle MT5 Indicator.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 Symbol X Candle MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Symbol X Candle MT5 Indicator.mq4 is available on your Chart

How to remove Symbol X Candle MT5 Indicator.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

Symbol X Candle MT5 Indicator (Free Download)

Click here below to download:



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