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FX Multi Meter Indicator, Precision and Powerful

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FX Multi Meter Indicator is one-stop indicator. It was created for more precise trade inputs and exits and quick currency pair movement snapshots.

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Description

Combining several indicators, the FX Multi Meter Indicator for Metatrader is a flexible indicator. The readings of several indicators are shown on a dashboard according to averages and momentum. Naturally, a final BUY or SELL signal is given after incorporating the values of all the indicators. The signals are trustworthy since the trade direction’s ultimate signal is determined by adding up all of the indicators.

The indicator offers the entry signals as well as all the trend and momentum-related information that is required. Thus, the values of the individual indicators provide a visual representation and an understanding of the trend’s advantages and disadvantages. Because of this, traders can utilise the indicator values to keep an eye on the trade, manage it well, and exit it successfully.

FX Multi Meter Indicator

The FX Multi Meter Indicator is visible on the GBJPY M30 above. Using the input from every other indicator, the indicator generates a BUY signal. The indicator displays a final BUY signal because the majority of the indicators on the dashboard are indicating an upward trend. The indicator shows all the data in a dashboard rather than putting several indications in the chart.

Dashboard FX Multi Meter MT4 Indicators

The FX Multi Meter Indicator MT4 indicator combines several indicators and presents their values on a dashboard.

  • Bar Meter: Displays the percentage change of the current price compared to the closing prices of the previous four bars.

  • MACD: Indicates the direction of the MACD signal crossover on the current chart.

  • MA-X: Shows the crossover direction between the linear weighted moving average and the simple moving average.

  • William’s Percentages: Provides values based on the momentum-driven William’s percentage indicator.

  • Parabolic Stop and Reverse (PSAR): Displays the current direction of the PSAR indicator.

  • Moving Averages: Shows the trend direction across timeframes from M1 to D1 for the currency pair.

  • Stochastic Oscillator: Presents stochastic values from M1 to D1 timeframes.

  • Current Spread: Displays the spread of the currency pair.

Traders can download the FX Multi Meter for MetaTrader free of charge. Its dashboard is user-friendly and easy to interpret, making it useful for both beginners and experienced traders alike.

Conclusion

For forex traders, the FX Multi Meter Indicator for MT4 is a crucial tool. It primarily determines the trend direction using averages and momentum. Additionally, you can download the FX Multi meter metatrader indicator for free. To clarify, each indicator’s value is shown independently on the dashboard. As a result, traders can base their trading decisions on the values of several indicators that are displayed in one location on the dashboard.

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The FX Multimeter indication has a lot of versatility. Therefore, it offers a number of choices for changing the parameters of the separate Metatrader indicators that are integrated into it.

Stoch_K: The K value of the stochastic indicator.

Stoch_D: The D value of the stochastic indicator in MT4.

Stoch_Slowing: Input slowing parameter for the stochastic MT4 indicator.

MA_Period: The period length used for calculating the moving average.

MA_Shift: The number of bars by which the moving average is shifted.

MACD_Period1: The period for the fast moving average in the MACD.

MACD_Period2: The period for the slow moving average in the MACD.

MACD_Period3: The signal line period for the MACD.

FastLWMA: The period of the Linear Weighted Moving Average used in the MA-X indicator.

SlowSMA: The period of the Simple Moving Average used in the MA-X indicator.

PSAR_Step: The step increment value for the Parabolic Stop and Reverse (PSAR) indicator in MetaTrader.

PSAR_Max: The maximum value setting for the Parabolic Stop and Reverse indicator in MetaTrader.

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