The Trend Analysis Forex indicator for mt4 (Metatrader 4) analyses the chart and provides clear buy and sell signals based on the upper 3 time frames.
It also provides the UP Power and DOWN Power in %.
The indicator pops up in a sub-window underneath the main MT4 chart window.
Buy & Sell Trade Example
- A buy signal occurs when all arrows are colored blue (strongly bullish).
- A sell signal occurs when all arrows are colored red (strongly bearish).
The Trend Analysis Forex indicator can help to pinpoint your next trade entry and exit in the direction of the major trend.
It can also be used as an additional trend confirmation filter for other strategies and systems.
Free Download
Download the “KG TREND ANALYSIS.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The example chart below displays the Instantaneous Trend Analysis 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 Trend Analysis Forex 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 analysis
Does the indicator repaint? No.
Download Now
Download the “KG TREND ANALYSIS.mq4” indicator for Metatrader 4
