Trend Analysis Metatrader 4 Forex Indicator

The Trend Analysis forex indicator for Metatrader 4 analyses any currency pair and displays the outcome in one easy to read MT4 mini dashboard.

What’s the most important is the trend analysis outcome:

It could be either UP strong, UP weak, DOWN strong or DOWN weak.

Trade currency pairs that show a UP strong or DOWN strong trend analysis outcome. Avoid the weak trending currency pairs.

  • A buy signal occurs when the indicator displays a UP strong outcome.
  • A sell signal occurs when the indicator displays a DOWN strong outcome.

Furthermore, the Trend Analysis forex indicator displays the daily pivot points + accompanying support and resistance levels + daily trading range (pips) for today, 1 day, 5 days, 10 days, 20 days and 50 days.

Free Download

Download the ferrufx-info-indicator.ex4” MT4 indicator

Example Chart

The EUR/USD 4-Hour chart below displays the Trend Analysis Metatrader 4 Forex indicator in action.

Basic Trading Signals

Signals from the Trend Analysis MT4 forex indicator are easy to interpret and goes as follows:

Buy Signal: Buy when the Trend Analysis indicator displays a UP strong trend.

Sell Signal: Sell when the Trend Analysis indicator displays a DOWN strong trend.

Trade Exit : Use your own method of trade exit.

Download

Download the ferrufx-info-indicator.ex4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Chart pattern indicator

Customization options: Variable (trade info box) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: trend analysis

Installation

Copy and paste the ferrufx-info-indicator.ex4 into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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