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Holy Grail Indicator for MetaTrader 5 Download - [TradingFinder]

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MetaTrader4

MetaTrader5

$5FreeFor a limited time
Holy Grail Indicator for MetaTrader 5 Download - [TradingFinder]
Holy Grail Indicator for MetaTrader 5 Download - [TradingFinder] 0
Holy Grail Indicator for MetaTrader 5 Download - [TradingFinder] 1
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The Holy Grail Indicator is a technical analysis tool for MetaTrader 5, designed to generate entry and exit signals based on two key market indicators: ADX (Average Directional Index) and EMA (Exponential Moving Average).

This MT5 signal and forecasting indicator uses colored arrows to indicate optimal entry and exit points and also displays the latest trading signal on the right side of the chart.

Holy Grail Indicator Specifications Table

Below is a table outlining the general features of the Holy Grail Indicator:

Category

Trading Tool – Signal And Forecasting – Currency  Strength

Platform

MetaTrader 5

Skill Level

Intermediate

Indicator Type

Continuant - Reversal

Time Frame

Multi Time Frame

Trading Style

Intraday Trading

Market

All Markets

Uptrend Conditions

The chart below displays the NZD/EUR currency pair in a 1-minute time frame.

When sellers lose strength, the Holy Grail Indicator generates a green arrow below the candlestick, signaling a Buy Entry.

Bullish Trend Conditions in the Holy Grail Indicator
Image of the NZD to EUR Index with the Holy Grail Indicator

Downtrend Conditions

The image below examines the AUD/CAD chart in a 30-minute time frame.When selling pressure increases, the Holy Grail Indicator generates a red arrow above the candlestick, signaling a Sell Entry.

Simultaneously, the latest Sell signal appears on the right side of the image.This MT5 Currency Strength indicators downtrend, warning traders that the price is likely to continue falling.

Bearish Trend Conditions in the Holy Grail Indicator
Red Arrow Signaling a Downtrend in the Holy Grail Indicator

Indicator Settings

The image below displays the settings panel of the Holy Grail Indicator:

Reviewing Holy Grail Indicator Settings
Adjustable Settings Panel for the Holy Grail Indicator
  • EMA Period: Exponential Moving Average period
  • ADX Period: Indicator period
  • On Screen Info: Display information on the screen
  • Sound Alert ON: Enable sound alerts
  • Email Alert ON: Enable email notifications
  • Lookback: Number of past candlesticks analyzed

Conclusion

The Holy Grail Indicator is a hybrid trading tool for MetaTrader 5, utilizing ADX and EMA to generate entry and exit signals.

A unique feature of this MetaTrader 5 Trading Assist indicator is its ability to display the latest trading signal on the right side of the chart.

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FAQs

On which trading platforms is the Holy Grail Indicator available?

The Holy Grail Indicator is available on MetaTrader 4 and MetaTrader 5 for traders.

How does the Holy Grail Indicator generate entry and exit signals?

This trading tool displays green and red arrows above and below the candlesticks to indicate buy and sell signals.

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