About the Vinini Trend Indicator
The Vinini Trend MT4 indicator is a trend-following oscillator that oscillates between -1 and +1, helping traders spot bullish and bearish market conditions.
It includes a fake signal filter to reduce false entries, which improves long-term trading performance.
The indicator histogram above zero signals a bullish trend, while below zero indicates a bearish trend.
All input settings, including the MA Start value, can be customized directly from the inputs tab.
Traders can deploy the Vinini Trend for multiple trading styles.
For scalping, it works best on M1 and M5 charts during London and U.S. sessions.
For day trading, M5 and M15 charts are recommended.
Swing traders can use H1 and H4 charts in any session.
Free Download
Download the “vinini-trend-indicator.mq4” MT4 indicator
Key Features
- Trend-following histogram oscillating between -1 and +1.
- Includes a fake signals filter for more reliable trading.
- Customizable MA Start and other input settings.
- Works on all major currency pairs and timeframes.
Indicator Chart
The Vinini Trend indicator plots a colored histogram below the price chart.
Above zero indicates bullish momentum, and below zero indicates bearish momentum.
The chart clearly shows when the market is trending and helps traders decide when to enter trades.
Guide to Trade with Vinini Trend Indicator
Buy Rules
- Open a buy trade when the histogram crosses above the zero level from below.
- Confirm bullish momentum with recent higher lows or price above short-term MA.
- Wait for a dip near zero before entering for better timing.
- Use shorter timeframes for scalping and longer for swing trades.
Sell Rules
- Open a sell trade when the histogram crosses below the zero level from above.
- Confirm bearish momentum with recent lower highs or price below short-term MA.
- Wait for a small pullback near zero before entering for precise entries.
- Use shorter timeframes for scalping and longer for swing trades.
Stop Loss
- Place a stop loss just below the previous swing low for buy trades.
- Place a stop loss just above the previous swing high for sell trades.
- For scalping, use a tighter stop near recent price levels.
- For longer trades, leave wider room to avoid premature exits.
Take Profit
- Close buy trades when the histogram shows signs of weakening above zero.
- Close sell trades when the histogram shows signs of weakening below zero.
- Consider taking partial profits at intermediate support/resistance.
- Let strong trends continue if confirmed by histogram momentum.
Vinini Trend Indicator and Trend Filter Forex Strategy for MT4
This MT4 forex strategy merges trend strength from the Vinini Trend MT4 Forex Indicator with entry signals from the Trend Filter MT4 Forex Indicator.
It is suitable for M5, M15, and H1 charts, making it ideal for day trading and intraday trend-following.
By combining trend direction and entry confirmation, traders can filter out weak moves and focus on high-probability setups across multiple currency pairs.
The Vinini Trend shows yellow bars above 0 for a bullish trend and bars below 0 for a bearish trend.
The Trend Filter adds confirmation with a green line for buy signals and a red line for sell signals.
Trades are taken only when both indicators align, which helps reduce countertrend entries and improves overall trade consistency.
Buy Entry Rules
- Vinini Trend bars must be yellow and above 0, indicating a bullish trend.
- The Trend Filter line must be green, confirming a buy signal.
- Enter a buy trade at the close of the candle where both conditions occur.
- Place the stop loss just below the most recent swing low or minor support level.
- Keep the trade open while the trend bars remain above 0 and the Trend Filter line stays green.
- Close the trade immediately if the Trend Filter line turns red or the trend bars drop below 0.
Sell Entry Rules
- Vinini Trend bars must be below 0, indicating a bearish trend.
- The Trend Filter line must be red, confirming a sell signal.
- Enter a sell trade at the close of the candle where both conditions occur.
- Place the stop loss just above the most recent swing high or minor resistance level.
- Keep the trade open while the trend bars remain below 0 and the Trend Filter line stays red.
- Close the trade immediately if the Trend Filter line turns green or the trend bars rise above 0.
Advantages
- Combines trend direction and entry confirmation to improve trade accuracy.
- Helps traders filter out weak or countertrend moves, focusing on high-probability setups.
- Visual signals are easy to interpret, making decision-making faster for intraday trades.
- Works across multiple currency pairs and gold, providing frequent opportunities throughout the day.
- Adaptable to different timeframes (M5, M15, H1) for flexible trading styles.
- Reduces the risk of false entries by requiring alignment between two indicators.
Drawbacks
- Less effective during ranging or choppy markets, where trend signals may generate false entries.
- Indicators may lag slightly during very sharp moves, causing delayed trade entries.
- Overtrading is possible if trades are taken without waiting for proper alignment, reducing profitability.
Case Study 1
During the London session on AUDUSD M15, Vinini Trend bars turned yellow above 0 while the Trend Filter line turned green.
A buy trade was opened and later closed for 27 pips when the Trend Filter line shifted to red, capturing the intraday upward movement efficiently.
Case Study 2
On USDJPY H1 during the New York session, Vinini Trend bars dropped below 0 and the Trend Filter line turned red, signaling a sell.
The position was opened and later exited for 46 pips when the trend bars moved above 0, successfully taking advantage of the intraday downtrend.
Strategy Tips
- Prioritize major currency pairs and gold, which generally have smoother price action and stronger trends.
- Place stop losses near recent swing highs or lows to manage risk effectively.
- Exit trades immediately if either indicator reverses to protect profits.
- Take partial profits when price moves significantly in your favor and let the remaining position ride the trend.
- Keep a trading journal to track the performance of different pairs and timeframes.
Download Now
Download the “vinini-trend-indicator.mq4” Metatrader 4 indicator
FAQ
Can the Vinini Trend indicator be used for scalping?
Yes, it works well on M1 and M5 charts, especially during London and U.S. trading sessions.
How do I adjust the indicator settings?
All parameters, including the MA Start value, can be modified from the inputs tab to suit different trading styles.
Does the indicator give false signals?
It includes a fake signal filter to reduce incorrect entries, making it more reliable over time.
Summary
The Vinini Trend MT4 indicator provides a simple, reliable way to follow market trends using a histogram oscillator.
It clearly shows bullish and bearish momentum while filtering out many false signals.
With customizable settings and compatibility across all major currency pairs and timeframes, it adapts well for scalping, day trading, and swing trading.
It helps traders identify trend direction and timing for entries more efficiently.
