Introduction to the Vidya Zone Multi Time Frame Indicator
The Vidya Zone Multi Time Frame Indicator displays an trend-following channel based on the Variable Index Dynamic Average. It is also an multi time frame indicator, so you can choose the custom time frame for provided signals. When the price is above the blue band of the Vidya Zone Channel, the trend is considered bullish. Conversely, price located below orange band indicates a bearish trend.
The Vidya Zone Multi Time Frame Indicator fits all kinds of timeframes and currency pairs. It is displayed directly the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Vidya Zone Multi Time Frame indicator in MT4?
Download the Vidya Zone Multi Time Frame.rar archive at the bottom of this post, unpack it, then copy and paste the Vidya Zone Multi Time Frame.ex4 or Vidya Zone Multi Time Frame.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 Vidya Zone Multi Time Frame 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. Don’t forget that we still have more great free forex MT4 indicators to download and try.
Download Free Forex MT4 Vidya Zone Multi Time Frame Indicator
To download the Vidya Zone Multi Time Frame for Metatrader 4 (MT4) for free just click the button below: