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Trend Fishing Indicator

4

The "Trend Fishing Indicator" is a powerful custom indicator designed to help traders identify potential trend reversal points and capitalize on market momentum. This indicator uses multiple moving averages of varying periods to evaluate short-term and long-term market trends. By comparing the short-term moving averages against the long-term ones, it generates clear buy and sell signals that can guide traders in making informed trading decisions.

Key Features:

  1. Multiple Moving Averages: Incorporates 12 different moving averages with customizable periods and methods (Simple, Exponential, etc.) to suit various trading strategies.

  2. Customizable Parameters: Users can adjust moving average periods and calculation methods through input parameters, allowing flexibility in adapting to different market conditions and trading preferences.

  3. Easy-to-Interpret: Uses visual aids such as filled areas between moving averages and simplifying the interpretation of trend directions.

  4. Efficient Calculation: Optimized for performance with efficient buffer handling and minimum computational load, ensuring smooth operation even on lower-specification trading platforms.

  5. User-Friendly Interface: Designed with a clean interface that integrates seamlessly into the MetaTrader 5 chart, making it accessible for traders of all experience levels.

  6. Comprehensive Documentation: Includes detailed documentation to assist users in setting up and optimizing the indicator for their trading strategies.

Usage Recommendations:

  • Trend Identification: Use TREND FISHING to identify primary trends based on the alignment of multiple moving averages.

  • Entry and Exit Points: Utilize buy and sell signals generated by the indicator when cross-over.

  • Confirmation Tool: Combine with other technical analysis tools to confirm signals and enhance trading decisions.

Compatibility:

  • Compatible with MetaTrader 5 platform.
  • Works on all timeframes and financial instruments (Forex, Stocks, Commodities, etc.).

Support:

For any inquiries or assistance regarding the usage or customization of TREND FISHING, please contact us via the MQL5 Market.




Reviews 1
vinokeke
25
vinokeke 2024.11.08 05:43 
 

Very brilliant indicator. Thanks for offering it free. Do you have any user guide and can you incorporate a buy and sell arrow with buffer values?

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The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
Easy Buy Sell Signal Alert
Franck Martin
4.33 (6)
Indicators
Easy Buy Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. It canno
Smart Market Structure Concepts MT5
Jing Bo Wu
4.71 (78)
Indicators
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG, Invert FVG, IFVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, Big Bar, HTF OB, HTF
Bill Williams Advanced
Siarhei Vashchylka
5 (8)
Indicators
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
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vinokeke
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vinokeke 2024.11.08 05:43 
 

Very brilliant indicator. Thanks for offering it free. Do you have any user guide and can you incorporate a buy and sell arrow with buffer values?

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