Above Below is a professional level indicator which, as its name suggests, belongs to the so-called level indicators with a variable interface.
This kind of indicator is very specific in that the interface that indicates that the market is moving from one trend to another changes over time and adapts to the given trend situation, which as a result usually has a very positive effect on the overall trading balance.
- Above average/below average indicator
- User-friendliness: Very simple
- Usability: Stocks, Forex, Commodities
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
Here we have yet another in a series of highly intuitive trading indicators, so all that is needed here is to wait for the blue line to cross over the orange one (top down=short position, bottom up=long position) and then just enter (see chart below).
Download Above Below from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.