free download trade assistant forex indicator for mt4
Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic, RSI (Relative Strength Index) and CCI (Commodity Channel Index). It displays current trend directions for M5, M15, M30, H1, H4 and D1. When you follow such an indicator you have the clear picture of the trends in all important timeframes. It doesn’t matter to what timeframe chart you attach this indicator. It’s also not recommended to change any input parameters. The indicator can be downloaded for MT4 and MT5.
- PercentK (default = 8) — period in bars for calculation of the line %K of Stochastic indicator.
- PercentD (default = 3) — period in bars for calculation of the line %D of Stochastic indicator.
- Slowing (default = 3) — the value for slowing of Stochastic indicator.
- RSIP1 (default = 14) — period for the first RSI (fast).
- RSIP2 (default = 70) — period for the second RSI (slow).
- Other parameters — represent the symbol codes for the trend direction arrows. Better leave them alone.
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