The JJN Big Trend Forex indicator for Metatrader 4 identifies the trend and displays it in a mini dashboard for multiple currency pairs.
The indicator pops up in the main MT4 chart window as a dashboard that displays the trend in the form of colored green, yellow, and red dots.
Buying and selling with this indicator is easy, even for beginners.
Buy & Sell Trade Example
- Purchase the currency pair when at least 4 out of 5 dots are colored green.
- Sell the currency pair when at least 4 out of 5 dots are colored red.
The JJN Big Trend indicator can be used for trade entry or as a directional trend filter for other strategies and systems.
For scalping and day trading purposes, 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 “JJN-BigTrend.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the JJN Big Trend mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy when trading with the JJN Big Trend 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
Does the indicator repaint? No.
