Market / MetaTrader 4 / Indicators /

GoldTrend MT4

Demo downloaded: 138

Published: 4 March 2021

Current version: 5.2

GoldTrend MT4

Name: GoldTrend MT4
Rating: 5 (1 reviews)
Author: Sopany Zemmy

Indicators
Sopany Zemmy
Version: 5.2
Updated: 15 March 2021
Activations: 5

GoldTrend MT4

- is a leading indicator for Gold on MetaTrader 4
- In Update version has been added new ability on USD pairs
( AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY )
- very easy to use, even for beginners
- Stoploss and Take Profit provided

- no repaint, no redraw and no lagging

When you decide to enter the global market ,

then there is a technical skill you absolutely must have,

- which is all about trends.

Why - GoldTrend is different from others :

Not only uptrend and downtrend, GoldTrend has a special technique

for finding a trend: Sideways (ranging).

Did you know :

- before a trend formed, it often starts with a sideways.

Why - GoldTrend is important to you.

Because you really need:

- high accuracy - certainty in decision making - and you can still spare your time for daily activities

How to use it

You just have to wait for a notification message and / or watch the trend change.

> Uptrend notification is the first time an uptrend begins.

It means that:

- There is a good chance to prepare for a Buy position.

.. If you are a trading expert, you still have a chance to check your support levels.

- It is time to know when to close the previous Sell position.

> Downtrend notification is the first time a downtrend begins.

It means that:

- There is a good chance to prepare for a Sell position.

.. If you are a trading expert, you still have a chance to check your resistance levels.

- It is time to know when to close the previous Buy position.

> Sideways notification is when gold has no certainty of direction.

This is a good time for:

1. Close the previous Buy or Sell position.

2. You can take a break while waiting for new trend notifications after this sideways ends.

3. You can also do scalping at a lower time frame.

Example:

Open 2 charts with proportional sizes (press ALT+R on chart)

with time frames: H1 and M15.

Put the GoldTrend indicator into both charts.

1. Trend reference - based on H1.

2. Scalping on M15 or even M5.

> Stop Loss and Take Profit Lines are provided to make your Risk Management more effective

Analytical features

Real-time trend analysis of all time frames.

Scale H1 is recommended.

Sideways, Uptrend and Downtrend identification

It is a leading indicator - no repaint, no recalculate, and no lagging.

Graphical features

GoldTrend is designed for gold and USD pairs.
Realtime Trend color directly into the chart candles.
Suitable for any screen resolutions.

Input Parameters

Candle Box for Sideways - default is true (yes). When GoldTrend finds a Sideways trend, the candlestick will be given a box.

Color - Sideways - default is Lavender. A color for trend: Sideways

Use Push Notification - default is true (yes). A notification will be sent to the mobile MetaTrader - installed on your smartphone.

Send alert on screen - default is false (no). A notification will be shown on your chart.

Chart Background - default is GoldTrend-ChartTitle. You can use an image as a chart background.

How to use chart background :

Put an image file with the .bmp extension in the directory MQL4/ Images, by selecting the menu in the upper left corner: File -> Open Data Folder.

The default image file has been provided by the seller.

Here is the file's link : https://c.mql5.com/31/577/GoldTrend-ChartTitle.zip

https://c.mql5.com/31/582/GT_background82.zip

Enjoy your trading time !

more...

Ari Susanti 2021.03.16 14:36 #

Very good indicator, I like it!

I use 3 time frames to see higher time frame is controlling the lower scale.

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Filter:

rQ1DhtJK 2022.06.12 14:27 #

Amazing Job Done by the Author, The Indicator is one of its kind ..." It has no Size in the market so far to me" I want to see the next Upgrade to cover USTEC100, BTCUSD, and USOIL. I wish him Good Luck, Good Health, and More Brilliants Ideas...ooh, and with Lots of GAINS as well.

Ari Susanti 2021.03.16 14:36 #

Very good indicator, I like it!

I use 3 time frames to see higher time frame is controlling the lower scale.

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Reply from developer Sopany Zemmy 2021.03.17 16:40 #

Thank you, i hope your trading get easier ang get more gain. Good Luck ...

Version 5.2 2021.03.15

Minor fix to increase performance and accuracy

Version 5.1 2021.03.10

Added New abilities on USD Pairs :
AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY