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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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EARLY BLACK FRIDAY! --> Buy GOLD Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! GOLD Scalper PRO Live Results:   https://www.mql5.com/en/signals/2259548 GOLD Scalper Pro  is a very effective and profitable trading strategy, professionally developed especially for trading  GOLD (XAUUSD) . I have used the m
Forex GOLD Investor
Lachezar Krastev
4.36 (33)
EARLY BLACK FRIDAY! --> Buy Forex GOLD Investor with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $147 ( Regular Price: $497) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the
Infinity Trader EA
Lachezar Krastev
5 (7)
EARLY BLACK FRIDAY! --> Buy Infinity Trader EA with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $147 ( Regular Price: $497) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2226322 Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental anal
GOLD Scalper PRO
Lachezar Krastev
4.5 (20)
EARLY BLACK FRIDAY! --> Buy GOLD Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! GOLD Scalper PRO Live Results:   https://www.mql5.com/en/signals/2259548 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be
Forex GOLD Investor MT5
Lachezar Krastev
4.66 (53)
EARLY BLACK FRIDAY! --> Buy Forex GOLD Investor with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $147 ( Regular Price: $497) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the
News Scope EA PRO
Lachezar Krastev
3.9 (10)
EARLY BLACK FRIDAY! --> Buy News Scope EA PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $97 ( Regular Price: $327) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effect
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
Omega Trend Indicator
Lachezar Krastev
4.9 (20)
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
News Scope EA Pro MT5
Lachezar Krastev
5 (1)
EARLY BLACK FRIDAY! --> Buy News Scope EA PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $97 ( Regular Price: $327) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effect
MACD Trend EA
Lachezar Krastev
4.5 (2)
MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE!  As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL  - Trailing Stop System - Broker protection System - Custom Magic
FREE
Forex Trend Detector
Lachezar Krastev
5 (5)
EARLY BLACK FRIDAY! --> Buy Forex Trend Detector with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $147 ( Regular Price: $497) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent perf
BF News Trader EA
Lachezar Krastev
4.25 (8)
BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe
FREE
Bollinger Bands Tunnel EA
Lachezar Krastev
3.5 (2)
Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the
FREE
Market Insider
Lachezar Krastev
3.83 (6)
Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig
FREE
Flex Recovery EA
Lachezar Krastev
Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management
FREE
Trend Power Bot
Lachezar Krastev
2.67 (6)
Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)
FREE
Smart Scalper PRO
Lachezar Krastev
3.75 (12)
EARLY BLACK FRIDAY! --> Buy Smart Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Smart Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things. Smart Scalper PRO is the professional version of the popular scalper BF Smart Scalper EA 
BF Scalper PRO
Lachezar Krastev
4.04 (55)
EARLY BLACK FRIDAY! --> Buy BF Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in
Omega Trend EA
Lachezar Krastev
4.57 (7)
EARLY BLACK FRIDAY! --> Buy Omega Trend EA with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Signal Account:  https://www.mql5.com/en/signals/1914271 For Settings, Instructions and additional LIVE Results Click Here! Omega Trend EA is a fully automated trading system which takes much of the work out of trading, leaving
Pips Master PRO
Lachezar Krastev
EARLY BLACK FRIDAY! --> Buy Pips Master PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $107 ( Regular Price: $367) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers,
Trend Matrix EA
Lachezar Krastev
EARLY BLACK FRIDAY! --> Buy Trend Matrix EA with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 te
Smart Scalper PRO MT5
Lachezar Krastev
5 (6)
EARLY BLACK FRIDAY! --> Buy Smart Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Smart Scalper PRO is the PRO version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Smart Scalper PRO is based on the most proven trading principle since the markets exist – en
BF Scalper PRO MT5
Lachezar Krastev
5 (2)
EARLY BLACK FRIDAY! --> Buy BF Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in
Forex Trend Detector MT5
Lachezar Krastev
5 (12)
EARLY BLACK FRIDAY! --> Buy Forex Trend Detector with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $147 ( Regular Price: $497) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent perf
EARLY BLACK FRIDAY! --> Buy Trend Reader Indicator with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $87 ( Regular Price: $297) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! 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 calculat
EARLY BLACK FRIDAY! --> Buy Trend Matrix EA with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 te
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