Bank Positions For MetaTrader
With this indicator, you can see pending orders and open bank positions in your charts. Every position contains stop loss levels, profit targets and time stamps. In some cases banks left out a stop loss level or profit target. Eventually, when banks place/alter them, you will see the update in your panel. Live profit & loss in pips are displayed as well.
Furthermore, you can see the positions in your actual charts by horizontal lines with their labels. This is very handy when you adapt this information into your existing trade plan: for support and resistance purposes.
The summary in the panel gives you a good insight what currencies are trending and which are not. It will display a currency strength whereby the strongest currency is the most bought currency by banks. The weakest currency is the opposite. Take your advantage!
The indicator have much more features to make it suit your needs and eyes. Customize the indicator to your needs.
Customisation Of The Indicator
In order to serve it in a better way, the indicator can be customised with several color settings. You are able to activate and de-activate some display options as well. Sorting options in the panel are included. Just click on the data you want to see, then on the item to sort.
Please look at the short video below for the options and its operation:
Supported Terminals and License
Currently we support only the MetaTrader4 terminal. We are converting the indicator into MetaTrader5 as well. We expect that the MT5 version would be available in the end of May 2021.
After you activated your subscription, you can download your terminal version in your account. You can use the indicator on 1 active terminal at a time. Close one terminal or delete the indicator before opening the indicator on the second terminal.
Still having questions? Feel free to contact us or having a chat.