MetaTrader 4 Platinum Indicator – Free Download [TradingFinder] – MT4/MT5 Resource
The Platinum indicator in MetaTrader 4 is a simple tool that uses green arrows to indicate potential bullish and bearish trends.
Using a momentum based algorithm, when a structural price change is detected, the indicator emits an up or down arrow as a trade entry or exit trigger.
Platinum indicator table
The following table describes the general functions of the Platinum indicator in the MetaTrader 4 platform.
| Indicator categories: | Signals and Predictions MT4 Indicators Trading Aids MT4 Indicators Momentum Indicator in MT4 |
| Platforms: | MetaTrader 4 Indicators |
| Trading Skills: | Intermediate |
| Indicator Types: | Inverse MT4 Indicator |
| Time frame: | Multi Time Frame MT4 Indicators |
| Trading Style: | Intraday MT4 Indicators |
| Trading Tools: | Stock Market MT4 Indicators Cryptocurrency MT4 Indicators Forex MT4 Indicators |
Platinum indicators at a glance
The indicator analyzes price changes and upon detecting suitable conditions, places a green arrow on the chart (up means bullish, down means bearish).
With its adjustable risk level settings, this trading tool allows users to adjust the sensitivity of signals as needed.
Indicators are in an upward trend
The chart below shows the Ripple cryptocurrency (RIPPLE) on the 4-hour time frame.
In this tool, the appearance of an upward green arrow indicates a potential bullish trend. In this case, a buy entry signal is generated and is consistent with other technical analysis tools.
Indicators are in a downward trend
The chart below shows the GBP/CAD currency pair on the 15-minute time frame. The appearance of a downward green arrow indicates the beginning of a bearish trend. In this case, the trader can enter a sell trade and set the stop loss slightly above the last price peak.
Platinum indicator settings
The image below shows the Platinum indicator settings in the MetaTrader 4 platform:
- RISK : Define risk levels
- ARROWS_GAP : Adjust the distance between signal arrows
- ALERT : Display alert
- EMAIL : Send email
- NOTIFICATION : Push notification
- MESSAGE_TIMEOUT : message delay time
- MESSAGE_SUBJECT : Alert message title
Conclusion
The Platinum indicator in MetaTrader 4 is a technical analysis tool that marks the start of a potential trend with bullish and bearish arrows.
Improve your trading performance with the Platinum indicator's risk adjustment and multi-timeframe compatibility. Download for free now and experience enhanced signal clarity trading strategy .
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