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Trend Reader Indicator

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Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes complex mathematical calculations and the Average True Range (ATR) indicator to identify and highlight the initiation of new uptrends and downtrends in the forex market. With its intuitive visual cues and real-time alerts, Trend Reader Indicator is a must-have tool for traders seeking an edge in the dynamic world of currency trading.

MT5 version of Trend Reader Indicator: https://www.mql5.com/en/market/product/105659

Key Features:

  • Trend Detection: Trend Reader Indicator excels at identifying the beginning of new trends in the forex market. It provides traders with clear and precise signals for both uptrends and downtrends.
  • Visual Representation: The indicator draws a visually appealing line on the chart, enhancing your ability to spot trends quickly. The line changes color to blue for uptrends and red for downtrends, ensuring clarity in trend direction.
  • Arrows for Direction: To further simplify trend identification, Trend Reader Indicator includes directional arrows. These arrows point in the direction of the prevailing trend, making it easy for traders to grasp market sentiment at a glance.
  • Buy and Sell Signals: The indicator offers real-time BUY and SELL signals, enabling traders to execute their trades with confidence. These signals are generated based on a combination of technical indicators and mathematical models, enhancing the accuracy of your trading decisions.
  • ATR Integration: Reader Indicator leverages the Average True Range (ATR) indicator, a well-respected volatility measurement tool, to fine-tune its trend detection. This integration helps traders gauge market volatility and make informed decisions accordingly.
  • Push Notifications: Stay connected to the market, even when you're away from your trading station. Trend Reader Indicator is equipped with push notification functionality, ensuring that you receive timely alerts on your mobile device. Never miss a trading opportunity again.

Trend Reader Indicator Benefits:

  • Increased Profit Potential: By accurately identifying new trends and providing timely buy and sell signals, Trend Reader Indicator helps traders capitalize on market movements, potentially leading to higher profits.
  • Reduced Risk: With its robust trend detection capabilities, this indicator aids traders in minimizing risk by avoiding trades against the prevailing trend.
  • User-Friendly: Trend Reader Indicator is designed with user-friendliness in mind. Its intuitive interface and clear visual cues make it accessible to traders of all experience levels.
  • Time-Saving: Say goodbye to manual trend analysis and constant chart monitoring. Let Trend Reader Indicator do the heavy lifting, allowing you to focus on strategy development and execution.

In the ever-evolving world of forex trading, having the right tools can make all the difference. Trend Reader Indicator empowers traders with its advanced trend detection capabilities, visual clarity, and real-time alerts. Whether you're a novice or an experienced trader, this indicator is your key to staying ahead of the market trends and making more informed trading decisions.

Start trading with confidence today by adding Trend Reader Indicator to your trading toolkit and unlock the potential for greater profitability while reducing risk in your forex trading endeavors.

Trend Reader Indicator Settings

  • ATR_Period - Average True Range indicator period
  • Precision - Integar value which define the precision of the indicator. It must be adapted visually to different pairs or instruments.
  • Alerts - true/false - when true the indicator alerts BUY and SELL signals. When false the indicator will not alert anything.
  • Send_Push_Notifications - true/false - when true the indicator will send BUY and SELL signals to the mobile devices. When false it will not send anything.
  • Prefix - The abreviation of the indicator. the default value is "TRI". 


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This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
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Tradeable Changer Indie Trade-able Changer Indie is an indicator that serves several purposes. The idea behind this operating indicator is to have a minimal set of indicator or experts on the chart in order to avoid clumsy chart window and at the same time have a great time trading profitably. This is a combination of Symbol/Time-frame Changer and a Trading system based on Trends following. It has a small board to display trade signals for the trader. Due to the nature of these com
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5 (1)
MT4-Erkennungsanzeige für Auftragsblöcke mit mehreren Zeitrahmen. Eigenschaften - Vollständig anpassbar auf dem Diagrammbedienfeld, bietet vollständige Interaktion. - Verstecken und zeigen Sie das Bedienfeld, wo immer Sie möchten. - Erkennen Sie OBs in mehreren Zeiträumen. - Wählen Sie die anzuzeigende OB-Menge aus. - Verschiedene OBs Benutzeroberfläche. - Verschiedene Filter an OBs. - OB-Näherungsalarm. - ADR High- und Low-Leitungen. - Benachrichtigungsdienst (Bildschirmwar
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Bogdan Ion Puscasu
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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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