Degree Angles Zero Indicator (MT4) - Free Download - Best Forex Indicators

Introduction to the Degree Angles Zero Indicator

The Degree Angles Zero Indicator is a custom forex trading tool that could be a good supplement to your trading system and confirmation of trade entry points and exit points.

Unfortunately, there is not much information provided by the author of that gauge, so the formula of trading with Degree Angles Zero Indicator is a bit unclear.

We assume the more lines stay above the 0 level, the stronger bullish trend is taking place. Similarly, the more lines stay below the 0 level, the stronger bearish trend is taking place.

This indicator is displayed in a separate window place just below the main trading chart.

It fits all kinds of timeframes and currency pairs.

The default indicator 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 Degree Angles Zero indicator in MT4?

Installation Guide

Copy and paste the degree-angles-zero-indicator.mq4 or degree-angles-zero-indicator.ex4 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, that 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.

Bottom Line

The Degree Angles Zero indicator is well worth adding to your trading collection but 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.