Green Vault Indicator in MetaTrader 5 - Free Download [TradingFinder]

The Green Vault indicator in the MetaTrader 5 platform is a visual signaling tool in technical analysis that, by analyzing price movement and candlestick patterns, identifies entry and exit conditions on the chart.

This indicator simplifies the decision-making process by displaying green arrows for buy and red arrows for sell.

Green Vault Indicator Table

The table below shows the general specifications of the Green Vault indicator:

Green Vault Indicator at a Glance

The Green Vault indicator displays buy and sell signals clearly and directly on the chart with green and red arrows.

These signals are applicable both in trend continuation and reversal areas, providing greater accuracy when combined with moving averages or support and resistance levels.

Indicator in Uptrend

A green arrow in the Green Vault indicator suggests a potential shift from a downtrend to an uptrend or continuation of upward movement.

The validity of this signal increases when it appears alongside a resistance breakout or reaction to a support level such as a moving average. In such cases, a suitable area for entering buy trades is formed.

Indicator in Downtrend

When the Green Vault indicator plots a red arrow above the candlestick, it indicates selling pressure and the potential beginning of a downtrend.

The importance of this signal increases when the market is in overbought territory or meets a resistance level. In such a scenario, a proper environment for entering sell trades is created.

Green Vault Settings

The image below shows the details of the Green Vault indicator settings panel:

• ALERT: Enable or disable sound alert
• EMAIL: Send signal to email
• NOTIFICATION: Send notification to mobile
• MESSAGE_TIMEOUT: Time interval between consecutive alert messages
• MESSAGE_SUBJECT: Default subject for outgoing messages

Conclusion

The Green Vault indicator, with its precise visual signals, is considered a powerful tool in technical analysis.

This trading tool enhances the reliability of trading signals by combining moving averages and key market levels.