Watch the testing video here:
RoNz Price MA Candle Forex Indicator
The RoNz Price MA Candle Forex Indicator uses Moving Average to colorize candlesticks according to MA direction. White candles indicate bullish MA, and red candles reflect bearish MA. That forex indicator should be rather used in conjunction with other technical analysis gauges, than a standalone trading tool.
The RoNz Price MA Candle Forex Indicator fits all kinds of timeframes and currency pairs. It is displayed in a separate window placed just below the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the RoNz Price MA Candle Forex indicator in MT4?
Download the RoNz Price MA Candle.rar archive at the bottom of this post, unpack it, then copy and paste the RoNz Price MA Candle.ex4 or RoNz Price MA Candle.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
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