Subway indicator MT4 is another one that is popular to use. Because it’s a trend-following tool. It is used to indicate market volatility, its morphology is similar to Overbought and Oversold indicators.
The Subway indicator MT4 is built on the Moving Average and uses a line above or below the middle Moving Average line as support and resistance causing the price swing will move within the framework of the movement of the Moving Average line frame according to different levels. which we can use different levels.
This is to direct the entry and exit points of the movement
Time frame: M5 or higher
Currency pairs: All