Variable Index Dynamic Average (VIDYA) Bands MQ4 Trading Indicator and Template – The Vidya Bands (Vidya zone) MQ4 Forex indicator can be used to estimate the overall trend, hence it is a worthy tool for long-term traders.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: H4
- Currency Pairs: GBPUSD, EURUSD, USDJPY
MetaTrader Trading Indicators
- VIDYA Bands
How to install “VIDYA Bands (VIDYA Zone) System“
- Download “TraderVersity.Com-VidyaBands” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-VidyaBands.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-VidyaBands” trading system and strategy
- You will see “VIDYA Bands (VIDYA Zone) System” is available on your Chart
BUY Rules
- VIDYA Bands: Price on the BUY Area (above the middle line)
SELL Rules
- VIDYA Bands: Price on the SELL Area (below the middle line)