Hey there, fellow traders! Today, let’s dive into the PricePosition indicator for MetaTrader 4. This handy tool helps you pinpoint the price's position in relation to an angle. When the price climbs above the angle section line, it signals a BUY, and when it dips below, it's time to SELL. Plus, it displays the current price (OHLC) and can alert you if the angle direction shifts!
Recently, there was an update to version 2.00 on October 18, 2016, which brought some neat features:
- New display options for corner positions—choose to place it on the Left Hand or Right Hand of the chart.
- Toggle alerts on or off to suit your trading style.
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