M5 Digital Text Indicator Assistant
M5 Digital Text Indicator Assistant is simultaneously an Expert Advisor, as well as indicator developed to help a manual Forex trader to make the most accurate trading decisions based on M5 (five minutes) timeframe.
This trading tool comes as a digital/text Expert Advisor which does not open any trades, does not take control of any manually opened trades, but only advises the User on what to do at any point in time.
How This Digital/Text Expert Advisor (Indicator) Works
This trading tool compares current one day average price of an instrument with its price 15 minutes and 30 minutes backwards. It then decides whether the instrument's price is rising or falling and advises the User on what to do by displaying applicable values and text prompts on the chart it is attached to.
How to Use This Trading Tool
- Use this trading tool on M5 (five minutes) timeframe only.
- Attach it to M5 chart as you would attach any other Expert Advisor and enable alerts.