The Auto Trend Forecaster Metatrader 4 forex indicator predicts the most profitable buy and sell trend for any currency pair.
The indicator draws buy and sell signal lines in a separate MT4 window.
A blue Auto Trend Forecaster line represents a buy signal and a red line a sell signal.
The indicator can be traded as a standalone forex indicator or in agreement with other analysis tool ar price action.
Works for any time frame. Use it for scalping, day trading and swing trading currency pairs.
For scalping purposes, use it during the London and New York trading sessions for best success rate.
Free Download
Download the “auto-trend-forecaster.mq4” MT4 indicator
Indicator Chart (EUR/USD M15)
The EUR/USD 15-Minute chart below displays the Auto Trend Forecaster Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the Auto Trend Forecaster MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Initiate buy trade when the line color changes from red to blue. This indicates a bullish trend reversal.
Sell Signal: Initiate sell trade when the line color changes from blue to red. This indicates a bearish trend reversal.
Trade Exit: Close the open buy/sell trade when an opposite signal occurs, or use your own method of trade exit.
Download Now
Download the “auto-trend-forecaster.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (TM period, Intensity) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: trend

