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Trend Direction Up Down indicator for MT4

Trend Direction Up Down indicator

Trend Direction Up Down is part of a series of indicators used to characterize market conditions.
Almost any strategy only works under certain market conditions.
Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility.
Trend Direction Up Down is an indicator to be used to characterize trend direction (medium term trend):
  • trending up
  • trending down
  • ranging
Trend Direction Up Down is based on technical analysis.
Trend Direction Up Down displays easy to read information about trend direction.

Indicator has only 1 input:
  • MaxBars: number of bars to be calculated and displayed

Indicator is ready to be used directly in your chart without any optimization.
It is sometimes difficult to say if market is up or down. And it is very important to be able to filter signals and go with the trend.
Trend Direction UD gives you a clear and very effective tool to go with the trend. No more guess. No more headache.
If you are looking for an indicator to filter signals and go with the trend then Trend Direction UD indicator would suite very well.
Trend Direction UD indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.
Trend Direction UD can used with any time frame.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

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All our indicators are developed both for MT4 and MT5.

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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
NextCandlePredictor No Repaint
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The Forex indicator   TrendNavigator   is a technical indicator. TrendNavigator is a tool that allows traders employing this strategy to better understand what is happening in the market and predict in which direction the price will continue to move. The indicator's values are calculated based on price movements of the currency pair or any other financial asset. Within the scope of technical analysis, the TrendNavigator indicator is used by traders to forecast future price values or the overall
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4.17 (6)
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Versión 1.50 2023.07.02
New compilation
Versión 1.40 2022.07.23
Correction of small display bug
Versión 1.31 2022.07.20
Recompilation