Wedge Pattern indicator MT4

Wedge Pattern indicator MT4 shows the wedge patterns in the main chart window.

Category: MT4 Indicators

Platform: Metatrader 4

Download link: At the end of the post.

Table of contents

Introduction

A Falling Wedge is a bullish chart pattern that takes place in an upward trend, and the lines slope down.

A Rising Wedge is a bearish chart pattern that’s found in a downward trend, and the lines slope up.

Wedges can serve as either continuation or reversal patterns.

Wedge Pattern indicator MT4 can be used alone or in combination with other indicators to form a trading system.

Step 1: Download The Indicator To Your Computer. Unzip (if any) to get .mq4 and/or .ex4 file

Step 2: Go To Your Mt4 Trading Platform And Click “Open Data Folder”

Step 3: Click open the “MQL4” folder

Step 4: Click Open the “Indicators” Folder

Step 5: Paste The Custom MT4 Indicator Into The “Indicators” Folder

Step 6: Close Your MT4 Trading Platform And Then Restart It