VH Indicator for MetaTrader 5 Download - Free - [TradingFinder]

The VH Indicator is one of the MetaTrader 5 indicators that allows traders to identify bullish and bearish trends in the market by displaying trend changes.

This indicator uses the crossover of two moving averages to display bullish trends in blue and bearish trends in red.

VH Indicator Table

The table below outlines the general specifications of the VH Indicator:

Category	Signal and Forecasting - Support and Resistance - Trading Tool
Platform	MetaTrader 5
Skill Level	Intermediate
Indicator Type	Entry - Lagging - Exit
Timeframe	Multi-Timeframe
Trading Style	Scalping - Day Trading - Intraday Trading
Trading Markets	Forex - Stocks - Indices

Bullish Trend

In the 30-minute Gold chart, the price has reversed from a bearish trend and started a bullish trend.

Traders can use this indicator to identify price trend changes and enter a buy position when the trend changes from bearish (indicated by red) to bullish (indicated by blue).

Additionally, this indicator can be used as a dynamic support level and incorporated into trading decisions.

Bearish Trend

In the 5-minute USD/JPY chart, the VH Indicator has identified a market trend change and, by changing the color of the VH line from bullish to bearish, displays a sell position to traders.

Additionally, traders can use this indicator as a dynamic resistance level and re-enter trades when the price retraces to this level.

VH Indicator Settings

The settings for the VH Indicator are as follows:

• Slow Period: Set the period for the slow moving average
• Fast Period: Set the period for the fast moving average

Conclusion

The VH Indicator is a specialized tool that identifies market trends using two moving averages. It is one of the signal and forecasting indicators for MetaTrader 5 and can be used to detect trends on the chart.

Traders looking to identify price movements can use this indicator and, when the price interacts with the VH line, use it as a support or resistance level.