Technical Indicators for MetaTrader 4

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MetaTrader 4

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Target 5X Indicator

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Information

Indicators
MetaTrader 4
Ihab Salloum
2.5
5

Overview

The 5X target indicator is an indicator that plots the optimal entry zone and the target for the trading day. It also plots a level where the stoploss can be moved to breakeven for a risk free trade which is 2X.

This indicator has time window inputs. The default settings are from 02:00 to 19:00 CET+1 time zone.

This indicator is based used with a direction bias for the day. I post the direction bias for several pairs in the comments section.

Added a new feature Time Zone to help trade the highest probability timed entries.

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