Easy Trend Indicator MT4
- Indicators
- Manuel Fischer
- Version: 1.1
- Updated: 15 January 2023
- Activations: 10
Easy Trend Indicator can be used for all forex pairs, indices and cryptocurrencies.
It´s a non rapainting Trend trading indicator and works on all timeframes.
GREEN candles show an uptrend and RED candles show a Downtrend.
Arrows show when to enter the Market.
Indicator has 7 Inputs:
- Max History Bars = On how many Bars in the Chart the indicator is drawn
- ATR Period = How many Bars are used for Average True Range calculation
- ATR Multiplier = Is used for Indicator sensitivity (Higher multiplier = less noise) (must be at least 1.0)
- Show Colored Candles = True - if you want to see the candles only colored in trend direction, false - if you want to see your normal chart candles
- Audible Alert = Sends alert when indicator shows entry Arrow after the current candle closes
- Send Notification = Sends a message to the terminal of a mobile device (Smartphone, Tablet...)
- Distance between Arrow and Candlestick in Pips = Distance from candle Low to Arrow (in Downtrend) and from High to Arrow (in Uptrend)
If you have any questions just send me a direct message.
My recommended forex broker:https://icmarkets.com/?camp=64907