EATA Indicator
Back to products
Ulcer Index
MT4
Watch video
Click to enlarge

Gold Miner 2

The Gold Miner2 Indicator for MT4 is the best Forex scalping indicator for trading gold. It is a great tool for both novice and experienced traders, as it can help them identify profitable opportunities in the Forex market.

Trading Style

,

Indicator Type

Timeframe

,

Platform

Add to wishlist
0 People watching this product now!
Categories: ,

Downloads - 150

Download now
Description

The Gold Miner 2 Indicator for MT4 is a trend-following Forex trading tool designed for scalping gold. It is optimized to analyze short-term price movements in the gold market and identify potential buying and selling opportunities.

The indicator is built with trend-following and momentum-based algorithms to detect potential trend reversal zones and the direction of the gold market. Therefore, the indicator is a gold-analysis tool that can help Forex traders, especially scalpers, to identify trading opportunities in the gold market.

Features of the Gold Miner 2 Indicator

The indicator is a user-friendly technical tool suitable for beginners and experienced traders. It is built with deep sky blue and red histogram bars to display the strength and direction of gold in the financial trading market. The histogram-based feature makes the indicator easy for traders of all levels to interpret the signals without hassle.

The deep sky blue histogram bars represent bullish momentum and signal a potential buying opportunity, while the red bars depict bearish momentum and potential selling opportunities. In essence, traders may look for short-term buying entry opportunities when the indicator paints a deep sky-blue histogram or sell when it displays the red histogram bar.

Benefits of Using the Indicator

  • Improved Decision Making: The indicator provides clear buy and sell signals on gold, which helps traders make better trading decisions.
  • Risk Management: The indicator helps in risk management by identifying potential market entry and exit zones. For example, a trader may buy gold when the indicator displays the deep sky blue histogram bar and exit or break even when the red bar appears.
  • Time-Saving: Finally, the indicator helps save time for technical analysis by automating trend identification and signal generation.

Indicator Settings Description

The indicator comes with the following customizable settings:

SSP: Determines the smoothing period of the indicator.

Kmax: Determines the indicator’s sensitivity to trend changes.

CountBars: Determines the maximum number of bars for trend analysis.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Gold Miner 2”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

Buy Sell Magic

The Buy Sell Magic indicator is a new and innovative Forex trading tool that detects trend reversals and generates accurate buy and sell signals on the price chart. Use the indicator on the chart of your chosen currency pair and follow the color signals to improve your trading performance.
MT4
Quick view
Add to wishlist

SSL Channel Chart Alert

,
Better your forex trading with the SSL Channel Chart Alert Indicator. Seamlessly combining Moving Averages, it offers clear buy and sell signals for trend traders. Benefit from non-repainting signals and easy-to-use settings.
MT4
Quick view
Add to wishlist

Support Resistance Breakout Arrows

,
Unlock profitable trading opportunities with the Support Resistance Breakout Arrows indicator for MT4. It generates precise buy and sell signals using Fractal, CCI, and RSI. The indicator also automatically marks significant support and resistance levels, helping in trend analysis. Benefit from clear entry signals, customizable settings, and compatibility across various time frames for daily and long-term traders.
MT4
Quick view
Add to wishlist

Tick V2

The Tick V2 Indicator is a new and popular forex indicator designed specifically for the MT4 platform. The green curved line in the indicator window represents the ticking line and shows the rise and fall of trading activities taking place every second, helping traders to determine the strength or weakness of the current market movement.
MT4
Quick view
Add to wishlist

RSI Divergence

Enhance trading precision with the RSI Divergence indicator. Overcome signal challenges by leveraging divergence signals, which is vital for identifying potential market reversals. Customize settings, draw trendlines, and receive alerts for good trading decisions. Explore the power of the RSI Divergence indicator in assessing market conditions.
MT4
Quick view
Add to wishlist

MACD Crossover Arrows & Alert

The MACD Crossover Arrows Alert indicator is a useful and free forex indicator for the MT4 trading platform. This indicator is designed to detect and signal bullish and bearish moving average convergence-divergence (MACD) indicator crossover signals. It draws arrows on the chart to indicate the direction of the trend, making it easier for traders to identify trading opportunities. The MACD Crossover Arrows Alert indicator is a popular and free tool for Forex traders of all skill levels.
MT4
Quick view
Add to wishlist

Keltner Channel With Signals

,
The Keltner Channel with Signals Indicator is a popular and free forex indicator that runs on the MT4 platform. This is a new and innovative tool that uses the Keltner Channel as the basis for generating trading signals, helping traders identify potential trading opportunities. Use the Keltner Channel with Signals Indicator as a powerful tool that can help traders succeed in the forex market.
MT4
Quick view
Add to wishlist

Darvas Boxes nmc

,
The Darvas Boxes NMC Indicator is a nice and free Forex trading tool available for MT4 platforms. It is based on the Darvas box trading method, which involves identifying trends through the creation of boxes on a price chart. The indicator helps traders visualize key support and resistance levels and potential trend reversals. The Darvas Boxes NMC Indicator provides clear buy and sell signals through color changes and arrows, allowing traders to make informed trading decisions. Its user-friendly interface and customizable settings make it suitable for both novice and experienced traders.