Auto Daily Open Line MT4 Indicator
Drawing open line for each day on your charts. It’s very simple and useful indicator because price react very well on daily open price. You should keep eye on daily open price, because daily open line become support or resistance, that’s happening every day.
If price (candle) close above open daily line, it is obviously bullish day, when candle close below daily open i 90% cases it’s bearish day. That will help you a lot in day trading and scalping strategies, you will get a lot of confidence with this powerful indicator.
- Works on all time frames
- You can use it for scalping
- We use this indicator on all currency pairs
