Metro Indicator for MetaTrader 5: Your New Trading Ally

Mike 2011.12.06 22:39 45 0 0
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Meet the Creator:

igorad

The Metro indicator is a powerful oscillator that leverages the famous RSI (Relative Strength Index) to give you clearer insights into market trends. The RSI line is marked in a vibrant orange, while the cloud's color shifts to reflect the trend direction. A blue cloud signals a potential buying opportunity, whereas a magenta cloud suggests it might be time to sell.

Originally developed in MQL4, this handy tool was first published on Code Base on October 18, 2007. It’s been a go-to for traders looking to enhance their analysis ever since!

Metro Indicator

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