Wedge Pattern indicator MT4 shows the wedge patterns in the main chart window.
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tag: Wedge Pattern
Category: MT4 Indicators
Platform: Metatrader 4
Download link: At the end of the post.
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.
Download Wedge Pattern indicator MT4
How To Install Custom MT4 Indicators On Mt4 (6 Simple Steps)
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