About the Trigger Lines Indicator
The Trigger Lines MetaTrader 4 indicator is a trend-following tool built around multiple moving average lines.
It is designed to generate buy and sell signals through line crossings that reflect shifts in market direction.
By focusing on the interaction between trigger lines, the indicator provides traders with practical insight into potential entries and exits.
One of the defining features of the Trigger Lines indicator is its color-based signaling system.
During bullish conditions, the trigger lines appear in hot pink and aqua, highlighting upward momentum.
During bearish phases, the lines switch to yellow and red, signaling downward pressure.
This visual differentiation allows traders to identify trend direction at a glance.
The indicator works across all currency pairs and timeframes, making it suitable for short-term trading approaches.
Traders can stay in positions as long as the trigger lines remain unbroken, which helps maintain alignment with the prevailing trend.
Free Download
Download the “trigger-lines.ex4” MT4 indicator
Key Features
- Moving average–based trigger line crossover system.
- Color-coded lines for bullish and bearish conditions.
- Supports trend following and reversal detection.
- Works on all currency pairs and timeframes.
Indicator Chart
The chart below shows the Trigger Lines indicator applied directly to a price chart in MetaTrader 4.
Colored trigger lines cross above and below the price to indicate changes in market direction.
Bullish and bearish phases are easily identified through line color and position.
Guide to Trade with Trigger Lines Indicator
Buy Rules
- Wait for the trigger lines to cross and turn hot pink and aqua.
- Confirm the lines are positioned slightly below the candlesticks.
- Check that price is moving in the same upward direction.
- Enter a buy trade after the crossover candle closes.
Sell Rules
- Wait for the trigger lines to cross and turn yellow and red.
- Confirm the lines are positioned slightly above the candlesticks.
- Check that price is moving in the same downward direction.
- Enter a sell trade after the crossover candle closes.
Stop Loss
- Place the stop beyond the most recent swing point.
- Keep the stop outside nearby price congestion.
- Avoid placing stops directly on the trigger lines.
- Adjust the stop as the trade progresses.
Take Profit
- Target recent highs or lows in the trend direction.
- Hold the position while trigger lines remain aligned.
- Scale out if price momentum begins to slow.
- Exit fully when the trigger lines intersect again.
MT4 Trigger Lines + ZWinner Trend Scalping Strategy
This scalping strategy combines the Trigger Lines MT4 Indicator with the ZWinner Trend Forex Indicator for MT4.
The Trigger Lines indicator draws colored lines on the chart: hot pink and aqua lines signal bullish conditions, while yellow and red lines indicate bearish conditions.
The ZWinner Trend Indicator adds a histogram: green bars for bullish trend and red bars for bearish trend.
Together, they provide both trend direction and entry signals, which is a good basis for quick intraday scalping.
This method works best on M1 and M5 charts with major currency pairs that have good liquidity.
It is well-suited for traders who want quick, low-risk entries and fast exits during active sessions.
Buy Entry Rules
- The ZWinner Trend histogram must be green (indicating a bullish trend).
- The Trigger Lines must display hot pink and aqua lines, signaling a buy condition.
- Enter at the opening of the next candle after both signals align.
- Place a stop loss just below the most recent minor swing low, or a few pips below the lower Trigger Line to minimize risk.
- Set take profit for 5–10 pips, or exit when the histogram turns red, or Trigger Lines shift to yellow/red.
Sell Entry Rules
- The ZWinner Trend histogram must be red (indicating a bearish trend).
- The Trigger Lines must show yellow and red lines, signaling a sell condition.
- Enter at the open of the next candle after both signals confirm.
- Place stop loss just above the most recent minor swing high, or a few pips above the upper Trigger Line.
- Set take profit for 5–10 pips, or exit when the histogram turns green, or Trigger Lines shift to hot pink/aqua.
Advantages
- Dual confirmation from both trend and trigger indicators reduces false breakouts.
- Very short-term trades reduce exposure to large market swings.
- Many opportunities during active sessions with frequent small moves.
- Clear entry and exit rules make it simple to follow and easy to automate mentally.
- Works well on highly liquid pairs with tight spreads.
Drawbacks
- High frequency of trades requires constant monitoring.
- Small pip targets mean you need many successful trades to accumulate profit.
- Sensitive to spread widening and slippage, especially during volatile news or major sessions.
Case Study 1
On EURUSD M1 during a London session, ZWinner Trend printed green histogram bars, and Trigger Lines turned hot pink/aqua.
The trader entered a buy at the next candle, placed a 4-pip stop loss just below the lower Trigger Line.
Within 7 minutes price moved up steadily and hit an 8-pip take profit before the histogram reversed.
The trigger lines were still bullish, but volatility eased, so the exit secured a clean scalp.
The small move but favorable trend made this trade low risk and quick profit.
Case Study 2
On AUDUSD M5 during the early New York session, ZWinner Trend turned red, and Trigger Lines switched to yellow/red.
A sell entry was triggered at the next candle, with a stop loss 6 pips above the recent swing high.
Price dipped swiftly within 10 minutes, capturing a 12-pip profit before the histogram turned green again.
The quick sell-off and consistent bearish trend allowed a nice scalp without waiting for long-term moves.
Strategy Tips
- Prefer major pairs like EURUSD, AUDUSD, GBPUSD, or USDJPY to maximize liquidity and minimize spreads.
- Trade during overlapping sessions (London & New York) for the best volatility.
- Avoid trading during major news releases or when spikes may cause erratic moves and widen spreads.
- Do not chase trades and only enter when both indicators align clearly.
- Consider increasing the lot size slightly when multiple setups occur in a row with confirmed trend direction, but always manage risk carefully.
Download Now
Download the “trigger-lines.ex4” Metatrader 4 indicator
FAQ
What type of indicator are Trigger Lines?
Trigger Lines are moving average–based signals that focus on trend direction and reversals.
They rely on line crossovers rather than oscillation levels.
Which traders benefit most from the Trigger Lines indicator?
The indicator works well for short-term and intraday traders.
It is also useful for swing traders who prefer clean trend signals.
Summary
The Trigger Lines MT4 indicator provides a straightforward way to trade market direction using moving average crossovers.
Its color-coded trigger lines make it easy to identify bullish and bearish phases without cluttering the chart.
By offering clear entries, exits, and trend alignment, the indicator helps traders stay engaged in active market moves.
Its simplicity and visual clarity make it a practical tool for traders who value decisive signals.
