The Trend Mirror indicator for Metatrader 4 is a free buy/sell Forex trend indicator that can be classified as a crossover trading system.
The indicator pops up in the bottom chart of the trading platform in the form of two colored signal lines.
Trend Mirror does not repaint and can be used by both beginners and seasoned traders.
Buy & Sell Trade Example
- Open a long trade as soon as the red signal line crosses back above the blue signal line.
- Open a short trade as soon as the red signal line crosses back below the blue signal line.
The indicator is very reliable, lightweight, and will not slow down your trading platform.
Free Download
Download the “Trend mirror.ex4” indicator for MT4
Indicator Chart (USD/JPY H4)
The example chart below displays the Trend Mirror mt4 indicator in action on the trading chart.
After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown above.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method when trading with this powerful 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: Signals
Does the indicator repaint? No.
