About the Binary Options Profitunity Bars MT4 Indicator
Introduction to the Profitunity Bars Indicator
The Profitunity Bars indicator uses a custom formula to calculate trend momentum for each candlestick and colorizes these bars accordingly.
When the candlesticks are colored green, it means that the current short time period trend is bullish. Similarly, when the candlesticks are colored red, it means that the current short time period trend is bearish.
The Profitunity Bars indicator helps traders generate good profits from the forex market, but we still think to use in conjunction with some other technical analysis tools.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)