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Snake - Indicator for MetaTrader 4

Snake
TypeIndicators PlatformMT4 Version10 Date created20 December 2014 Date updated27 July 2017
Formatmq4 Size3.4Kb Downloads65 Rating
4.4 of 5
based on 91 rates

Indicator for MetaTrader 4, that shows the average value of the price. Its operation principle resembles the moving averages operation principle; however, it is much more accurate.

As an independent technical analysis tool, Snake does not represent value, but it allows you to optimize the calculations of other indicators. This tool is also used when it is necessary to display the smoothed values of bars to assess the overall market situation.

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