Introduction to the Double Zero Visualizer Indicator
The Double Zero Visualizer is a custom forex indicator. The author didn’t provide much information on how to use this indicator.
When the price is below the green signal line you should be looking for sell trades. Alternatively, when the price is above the green signal line you should be looking for buy trades.
The indicator is plotted directly on the main trading chart.
We suggest using it as a filter for determining the trend direction. Go ahead and add it to your best trading system.
It fits all kinds of timeframes and currency pairs.
The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
Check also: Visual MACD Indicator
How to set up the Double Zero Visualizer indicator in MT4?
Copy and paste the double-zero-visualizer.mq4 or double-zero-visualizer.ex4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, that goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
The Double Zero Visualizer indicator is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.
Double Zero Visualizer Indicator Free Download
To download the Double Zero Visualizer Indicator for Metatrader 4 (MT4) for free just click the button below: