The MinMax Moving MT4 indicator base on oscillator and is designed to determine the entry points into a deal by identifying peaks and bottoms on the price chart.
When downtrend appear and touch the areas are highlighted in pink, uptrend areas in blue. Lows and peaks are indicated by yellow bars and arrows.
Which you can use with any time frame and using together with others indicators for additional filters.
Time frame : M5 or higher
Currency pairs : Any