Forex Trend Display v1.02 for Metatrader 4 is a dashboard signals indicator that displays the longer-term trend found on the H1, H4, D1, W1, and MN charts.
The indicator pops up in the main MT4 chart window as a dashboard that displays a wide range of currency pairs together with the accompanying buy & sell trends.
Buy & Sell Trade Example
- Open a buy trade as soon as all arrows are colored blue (strong uptrend).
- Open a sell trade as soon as all arrows are colored red (strong downtrend).
The Forex Trend Display v1.02 indicator can be used for both trade entry and exit or as an additional trend confirmation filter for other strategies and systems.
For scalping, the indicator performs best during the London and New York trading sessions.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “Lawgirl’s Trend Display v1.02.mq4” indicator for MT4
Indicator Chart (USD/CHF M15)
The example chart below displays the Forex Trend Display v1.02 mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Forex Trend Display v1.02 indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend dashboard
Does the indicator repaint? No.
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Download the “Lawgirl’s Trend Display v1.02.mq4” indicator for Metatrader 4
