The Multimeter indicator for MT4 is another very popular forex trading indicator.
Multimeter Indicator displays signals as color blocks in the right corner of a chart. Multimeter indicates trend on all time frames with red or green color which makes it easy to use. The Indicator can be used by traders on all levels of experience.
Custom Technical Indicators installation:
Download indicator (.ex4 and .mq4 format) and place files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:

The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
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Multimeter Indicator