The Ultimate Trend Forex Oscillator for Metatrader 4 provides directional buy/sell trend signals for any currency pair and time frame.
The indicator pops up in a separate MT4 chart window as yellow colored histogram bars that fluctuate above and below zero.
It’s a very reliable technical oscillator, lightweight, and will not slow down your trading platform.
Buy & sell signal:
- Initiate a buy trade as soon as the yellow histogram bars climb back above the 0.00 neutral level from below.
- Initiate a sell trade as soon as the yellow histogram bars fall back below the 0.00 neutral level from above.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download:
Download the “VininI_Trend.mq4” indicator for MT4
Indicator Example Chart (GBP/USD H4)
The example chart below displays the Ultimate Trend Forex Oscillator mt4 indicator in action on the trading chart.
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: Oscillator
Download Now:
Download the “VininI_Trend.mq4” indicator for Metatrader 4
How to install the Ultimate Trend Forex Oscillator in Metatrader 4?
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.