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2012.07.31 13:59
Indicators

Weather Vane - indicator for MetaTrader 5

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This indicator calculates last average price for a symbol and determines the trend direction, so it can be a signal to commit a trade operation.

Weather Vane Indicator

Tips:

  • It is recommended to use this indicator on M1 timeframe.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/613

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