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Voles Indicator

Voles Indicator

Operation Principles

It is based on the standard indicators of the MetaTrader 4 terminal. It shows the market entry points.


How to trade

When a bar is complete and an arrow is shown, place a BuyStop order at the High of the bar is the arrow is green, or a SellStop order at the Low of the bar if the arrow is red.

StopLoss should be set at the level of the last downwards fractal below the entry point at a green arrow or at the level of the last upwards fractal above the entry point at a red arrow. To do this, attach the Fractals indicator to the chart.

If a fractal was not formed yet, do not place an order or set the SL level manually.


Input parameters

  • Show intermediate arrows - show intermediate arrows (if false, only the first arrow is shown when the arrow color changes)
  • Take into account the balance line - consider the balance line (line on the chart)


Pay Attention

Place orders only after a bar with an arrow is complete.

When the values of the input parameters are modified, the entry points are recalculated and their number changes.

It is preferable to place buy orders when the High of a signal bar is above the balance line, and sell orders when Low of the signal bar is below the balance line, even if the input parameter "Take into account the balance line" is set to false.

Recommended for use on H4, D1.

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The indicator displays strength of eight major currencies and also can calculate strength of any other currency, metal or CFD. You will not need to study dozens of charts to determine strong and weak currencies, as well as their current dynamics. The picture of the whole currency market for any period can be viewed in a single indicator window. Built-in tools for monitoring and controlling the situation will help you not to miss out on profits. Main features of the indicator It forms indexes o
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TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further. TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timefra
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Version 1.1 2018.07.10
The values ​​of the input parameters are now displayed on the chart