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Trend Reader Indicator MT5

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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Comentarios 2
moreno bocchetti
225
moreno bocchetti 2023.12.07 13:15 
 

acquistato ottimo indicatore ottimo supporto grazie Darz

Darz
2676
Darz 2023.11.02 13:17 
 

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

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Golden Spikes Detector
Batsirayi L Marango
3 (2)
Indicadores
Golden Spikes Detector Este indicador se basa en una estrategia avanzada principalmente para negociar picos en índices de auge y caída. Se implementaron algoritmos complejos para detectar únicamente entradas de alta probabilidad. Alerta sobre posibles entradas de Compra y Venta. Para negociar picos en el corredor Deriv o Binary, solo acepte las alertas Buy Boom y Sell Cash. Se optimizó para cargarse en un período de tiempo de 5 minutos, aunque se realiza un análisis de múltiples períodos de tiem
IVISTscalp5
Vadym Zhukovskyi
5 (5)
Indicadores
Te presentamos el indicador iVISTscalp5, que no solo es único sino también efectivo en operaciones de trading. Este indicador se basa en datos temporales y es el resultado de muchos años de experiencia y análisis profundo de los mercados financieros. El indicador iVISTscalp5 es una excelente herramienta para el trading manual. La conveniencia, simplicidad y visualización, toda la complejidad está oculta en su interior. Hemos simplificado al máximo la configuración y uso del indicador iVISTscalp5
South African Sniper Indicator
Joel Malebana
5 (1)
Indicadores
Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.  "The South African Sniper indicator community are very happy with the indicator an
Malaysian SNR Levels
Matthias Horst Pieroth
Indicadores
This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
Golden Gate Algo MT5
James David Lane
4 (6)
Indicadores
¡40% DE DESCUENTO PARA NAVIDAD! ¡AUMENTO DE PRECIO A $250 EL 1 DE ENERO! Presentamos GoldenGate Entries: ¡Una Solución de Trading de Vanguardia! Descubre un enfoque revolucionario para el trading con GoldenGate Entries (GGE), un indicador avanzado diseñado para elevar tu experiencia de trading. GGE proporciona un conjunto completo de características para capacitar a los usuarios con precisión y confianza en sus decisiones comerciales. Pares: Cualquiera (FX - Materias primas - Acciones - A
Piranha version 2
Maria Strudov
Indicadores
"Piranha" - an autonomous trading system that determines overbought and oversold levels on the chart. Red and blue zones represent overbought and oversold levels respectively. Entry points are marked with arrows: a downward arrow in the red zone for "sell" and an upward arrow in the blue zone for "buy". The Take profit level is indicated by the green moving average. Key features: Adjusting the Take profit level as the green moving average changes position. Averaging ability when a new market e
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Indicadores
Swing Trading es el primer indicador diseñado para detectar oscilaciones en la dirección de la tendencia y posibles oscilaciones de reversión. Utiliza el enfoque de intercambio de línea de base, ampliamente descrito en la literatura comercial. El indicador estudia varios vectores de precios y tiempos para rastrear la dirección de la tendencia agregada y detecta situaciones en las que el mercado está sobrevendido o sobrecomprado y listo para corregir. [ Guía de instalación | Guía de actualización
Power Trade Indicator Plus
Joel Malebana
Indicadores
Introducing the Power Trade Plus indicator designed by a small group of traders with a few years of experience trading the market profitably.  The Power Trade Plus is derived from the Power Trade indicator,  the indicator strive in powerful sniper entries and take profit levels,  with an algorithm that's can determine the markets volatility and Provides entries based on the current market volatility. This indicator is much more effective in stock ,currencies and indices.
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (8)
Indicadores
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Advanced Currency Strength28 MT5
Bernhard Schweigert
5 (1)
Indicadores
¡La mejor solución para cualquier operador novato o experto! Este indicador es una herramienta única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una nueva fórmula. ¡Con sólo UN gráfico puede leer la Fuerza de la Divisa para 28 pares de Divisas! Imagínese cómo mejorará su operativa porque podrá señalar el punto exacto de activación de una nueva tendencia o de una oportunidad de scalping. Manual del usuario: haga   clic aquí Ese es el primero
Dragon Multi Indicator MT5
Mansour Babasafary
5 (4)
Indicadores
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
MetaBands M5
Vahidreza Heidar Gholami
4.67 (3)
Indicadores
MetaBands utiliza algoritmos potentes y únicos para dibujar canales y detectar tendencias para que pueda proporcionar a los traders puntos potenciales para entrar y salir de operaciones. Es un indicador de canal junto con un potente indicador de tendencia. Incluye diferentes tipos de canales que se pueden fusionar para crear nuevos canales simplemente utilizando los parámetros de entrada. MetaBands utiliza todos los tipos de alertas para notificar a los usuarios sobre eventos del mercado. Caract
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Asesores Expertos
SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Promo price: $247  ( Regular Price: $497) - The offer ends soon! Click here to check News Scope EA PRO results! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI , providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkable predictive power. This
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SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $487 - The offer ends soon!  Click here to check News Scope EA PRO results and learn more about the promotion! 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 second system has time based dependency which opens up to 2 trades
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4.67 (55)
Asesores Expertos
SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $487 - The offer ends soon!  Click here to check News Scope EA PRO results and learn more about the promotion! 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 second system has time based dependency which opens up to 2 trades
Infinity Trader EA
Lachezar Krastev
5 (4)
Asesores Expertos
SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Promo price: $247  ( Regular Price: $497) - The offer ends soon! Click here to check News Scope EA PRO results! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkable predictive power. This
BF Scalper PRO MT5
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Asesores Expertos
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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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
Trend Matrix EA MT5
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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
Forex Trend Detector MT5
Lachezar Krastev
5 (15)
Asesores Expertos
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4.63 (8)
Asesores Expertos
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!
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4.69 (29)
Indicadores
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4.25 (8)
Asesores Expertos
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
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MACD Trend EA
Lachezar Krastev
4.5 (2)
Asesores Expertos
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
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Asesores Expertos
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
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Asesores Expertos
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
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Asesores Expertos
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3.5 (2)
Asesores Expertos
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
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Market Insider
Lachezar Krastev
3.55 (11)
Indicadores
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
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Forex Trend Detector
Lachezar Krastev
5 (7)
Asesores Expertos
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
Trend Reader Indicator
Lachezar Krastev
Indicadores
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
Trend Matrix EA
Lachezar Krastev
Asesores Expertos
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
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moreno bocchetti
225
moreno bocchetti 2023.12.07 13:15 
 

acquistato ottimo indicatore ottimo supporto grazie Darz

Darz
2676
Darz 2023.11.02 13:17 
 

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

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