One more custom indicator added to our Interactive Live Charts and EOD Charting section. 5EMA(High-Low) simple trend following strategy that can be practiced on Hourly, EOD and Weekly timeframes to gauge the overall trend in the market.
Starting from MT4 Build 600+ onwards Metaquotes has changed metatrader files data structure and so there is a change in Installation of Custom MQL4 indicatorsAdvisors. The change happened majorly because Starting from Windows Vista onwards, Microsoft has introduced a restriction on writing to Program Files directory. And mostly programs are not allowed to store their data in Program Files folder if User Account Control (UAC System) is enabled.