Custom Indicators

Custom indicator is a program independently developed in Meta Quotes Language 4 by the user and functioning as a technical indicator. Technical indicator is a mathematical transformation of security price and/or volume in order to forecast future price changes. The use of indicators allows answering the question about whether the current trend will remain the same and where it will turn.

Indicators are intended for relative simplifying of the complicated process of trading decision making. Algorithms of indicators are also used for development of trading tactics and expert advisors.B9DNRPF7D633

Client Terminal

Client Terminal is generally set up in a special window that can be called by the "Tools — Settings" menu command or with accelerating keys Ctrl+O.

All settings are grouped according to their tasks and located in the following tabs: server, charts, objects, trade, expert advisors, email, publisher, events.

Chart

A chart or graph is a type of information graphic or graphic organizer that represents tabular numeric data and/or functions. Charts are often used to make it easier to understand large quantities of data and the relationship between different parts of the data.

Charts can usually be read more quickly than the raw data that they come from. They are used in a wide variety of fields, and can be created by hand (often on graph paper) or by computer using a charting application.