MT4 3-Shadeopen 1.0

The 3 Shade Open Forex Indicator is a popular and useful MT4 indicator that is completely free. It is designed to help traders identify when the market is in a trend and when the market is in a range. The indicator works by plotting a line that is 3 shades above and below the open price that can be used to identify when the market is in a trend or in a range. When the market is in a trend, the 3 Shade Open line will be above or below the open price and when the market is in a range, the 3 Shade Open line will be close to the open price. The indicator can be used to identify when the market is trending or ranging and can be used to identify potential entry and exit points. For example, when the 3 Shade Open line is above the open price, it could be used as a signal to enter a buy position. Similarly, when the 3 Shade Open line is below the open price, it could be used as a signal to enter a sell position.