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Trend Reader Indicator MT5

117 USD

Demo downloaded: 41

Published: 21 September 2023

Current version: 1.0

Trend Reader Indicator MT5

Indicators
Lachezar Krastev
Version: 1.0
Activations: 5

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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.

MT4 version of Trend Reader Indicator: https://www.mql5.com/en/market/product/105412

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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225

moreno bocchetti 2023.12.07 13:15 #

acquistato ottimo indicatore ottimo supporto grazie Darz

2671

Darz 2023.11.02 13:17 #

Love the product and support i always get from this developer!!

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SUPER SALE! --> -$180 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! 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 order to improve its overall performance . The improved exit

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NEW EA! Special price + BONUS! --> -$180 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Promo price: $217 ( Regular Price: $397) - The offer ends soon! 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 terminals is designed to spot and capitalize on trends, ensuring you stay on the right side of the marke

217 USD

PROMOTION! -> BUY ANY of my EAs and get News Scope EA PRO as a BONUS! Click here to check all my EAs! 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 effective and potentially highly profitable strategy for high impact news trading. Usually, when a major news event occurs, the price spikes in one, or both directions and this

327 USD

SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Promo price: $247 ( Regular Price: $487) - The offer ends today! Click here to check News Scope EA PRO results and learn more about the promotion! 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 performance. I built Forex Trend Detector on a tr

247 USD

SUPER SALE! --> BUY Omega Trend EA with -$180 OFF and GET a BONUS EA: News Scope EA PRO with AMAZING results! NOTE: Regular price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! 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 you free to do other things!

217 USD

SUPER SALE! --> -$180 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! 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 fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially fo

217 USD

SUPER SALE! --> -$180 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for trading GOLD (XAUUSD) . I have used the most proven trading principle since the market exist – namely a position entry in the direction of a distinctive market impulse and a fol

217 USD

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

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

327 USD

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

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

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 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

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

247 USD

SUPER SALE! --> BUY Trend Reader Indicator with -$180 OFF and GET a BONUS EA: News Scope EA PRO with AMAZING results! NOTE: Trend Reader Indicator PROMO price: $117 (The next price $297) - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! 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 mathema

117 USD

217 USD

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moreno bocchetti 2023.12.07 13:15 #

acquistato ottimo indicatore ottimo supporto grazie Darz

2671

Darz 2023.11.02 13:17 #

Love the product and support i always get from this developer!!