Border indicators are both an interesting addition to established trading strategies and a great indicator for determining the optimal placement of trading orders.
Min&Max is also one of them. This indicator not only provides traders with insight into the border zones, but it can also highlight important hits, making it very different.
- The implied maximum and minimum threshold indicator
- User Intensity: Advanced
- Usability: gold, commodities, forex
- MetaTrader 4 Compatibility
- Free indicator updates
Trading with the indicator
The Min&Max indicator is made up of two lines, both of which can be used, for example, to determine the boundary of a probable bounce or breakout (the choice here is entirely subjective). If one of the lines is hit and the trader tries to trade bounces, then entries are made against the direction of the hit, otherwise (trading breakthroughs) the position is entered in the direction of the hit.
Download Min&Max 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.