Name: Dots – indicator MetaTrader 5
Brand: RobotFX
SKU: 9655
Price: 4.89 USD
Availability: InStock
Rating: 4.4 (99 reviews)

A simple signal indicator.

When the direction of the moving average, which is calculated using Close prices, changes, a signal arrow is drawn on the chart:

If the direction of the Moving Average changes from down- to upward, a Buy arrow is added below the price. If direction changes from up- to downward, a sell arrow is added above the price.

The indicator has two input parameters:

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