Mt4 Indicator

Mt4, or MegaTrader 4 is a comprehensive trading platform that can be used for trading in the futures, CFD and FOREX markets. The platform was designed for banks, brokerages and financial institutions, but can in fact be used by anyone who is interested in trading in these markets.   An Mt4 indicator provides charts, graphs, and other vital information that indicate what a trader should do, i.e. buy, sell, buy long, buy short, etc.   Indicators can save traders much time and effort by doing a lot of the research and 'groundwork' for them, so all they have to do is look at the indicator and, based on the information, enter or exit their trade.   Simply put, indicators help traders become more successful and more profitable.

There are currently over 1000 indicators for the Mt4 platform, and each one gives you slightly different information.   For example, the Advanced ADX indicator tells you when to buy and when to sell. The histogram that is displayed is color coded red and green. Red means sell, green means buy. So when you look at the current prices that are displayed directly above the histogram, you'll know whether you should enter or exit your trade. An example of the Advanced ADX indictor is below: 

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