The Indicator of the Difference Between the Open Price of the Last Bar and the Close Price of the Previous Bar – indicator for MetaTrader 4

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • The indicator shows the difference between the open price of the zero bar and the close price of the first bar in points at the top-left corner of the main window; also if the open price is below the close price then the “Down” mark is placed and the minus appears before the number. If the open price is equal to the close price then the “Flat” mark appears. And if the open price is above the close price then the “Up” mark appears.

  • How to install MT4 indicator?
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  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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