Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 4 Indicator | Didi Index Indicator

Author:

Odir Aguiar (Didi).

Indicator developed by Brazilian and analyst Odir Aguiar (Didi), consists of "Moving Averages", known for the famous needles Didi, which allows the visualization of reversal points.

The concept is very simple, when you insert 3 Moving Averages on display, one of three periods, an 8 and the other 20, there appears the formation of the indicator which works on an axis or center line 0. The needles occur when the intersection of averages comes closest to the line 0.

MetaTrader Experts, Indicators, Scripts and Libraries

Recommendations:

  • The indicator works best in higher liquidity assets.
11168

Best MetaTrader Indicators + Profitable Expert Advisors