The Extreme Hook indicator is a custom dashboard forex indicator that displays Bull and Bear markets for all time frames and major currency pairs. The indicator is located in top left corner of the main trading chart.
How to set up the Extreme Hook indicator in MT4?
Download the Extreme Hook.rar archive at the bottom of this post, unpack it, then copy and paste the Extreme Hook.ex4 or Extreme Hook.mq4 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, which 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 Extreme Hook indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, 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.
Download Free Forex MT4 Extreme Hook Indicator
To download the Extreme Hook Indicator for Metatrader 4 (MT4) for free just click the button below: