Introduction to the Wajdyss Ichimoku Candle Alert Indicator
The Wajdyss Ichimoku Candle Alert Indicator uses Ichimoku Kinko Hyo to calculate its values. That indicator colorize candlesticks according to the trend-momentum – the blueish candles indicate bullish market momentum, and the redish candles reflect bearish market momentum.
The Wajdyss Ichimoku Candle Alert Indicator fits all kinds of timeframes and currency pairs. It is displayed directly on 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 Wajdyss Ichimoku Candle Alert indicator in MT5?
Download the Wajdyss Ichimoku Candle Alert.rar archive at the bottom of this post, unpack it, then copy and paste the Wajdyss Ichimoku Candle Alert.ex5 or Wajdyss Ichimoku Candle Alert.mq5 indicator files into the MQL5 folder of the Metatrader 5 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL5 > Indicators (paste here).
Now go to the left side of your MT5 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
The Wajdyss Ichimoku Candle Alert 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 MT5 Wajdyss Ichimoku Candle Alert Indicator
To download the Wajdyss Ichimoku Candle Alert Indicator for Metatrader 5 (MT5) for free just click the button below: