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Trend Reader Indicator

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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.

MT5 version of Trend Reader Indicator: https://www.mql5.com/en/market/product/105659

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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Questo indicatore è una super combinazione dei nostri 2 prodotti Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Funziona per tutti i time frame e mostra graficamente l'impulso di forza o debolezza per le 8 valute principali più un simbolo! Questo indicatore è specializzato nel mostrare l'accelerazione della forza delle valute per qualsiasi simbolo come oro, coppie esotiche, materie prime, indici o futures. Primo nel suo genere, qualsiasi simbolo può essere aggiunto all
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 tradi
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Segnale bancario bomba: il tuo indicatore di fiducia in MetaTrader 4 Bomb Bank Signal è un potente indicatore per MetaTrader 4, progettato per identificare le tendenze più rilevanti nel mercato finanziario. Se cerchi uno strumento che anticipi con precisione i movimenti, la Bomb Bank è l'alleato di cui hai bisogno. Come funziona: Questo indicatore combina tre metodi distinti – analisi del volume, chiusura delle candele e trend simmetrico – per rilevare e segnalare opportunità di acquisto e v
TrendMaestro
Stefano Frisetti
5 (3)
nota: questo indicatore e' per METATRADER4, se vuoi la versione per  METATRADER5 questo e' il link:  https://www.mql5.com/it/market/product/108123 TRENDMAESTRO ver 2.4 TRENDMAESTRO riconosce un nuovo TREND sul nascere, non sbaglia mai. La sicurezza di identificare un nuovo TREND non ha prezzo. DESCRIZIONE TRENDMAESTRO identifica un nuovo TREND sul nascere, questo indicatore prende in esame la volatilita' i volumi ed il momentum per identificare il momento in cui c'e' un'esplosione di uno  opi
L'indicatore di vendita PTS Divergence Finder di Roger Medcalf - Precision Trading Systems. Questo indicatore fornisce solo segnali ribassisti - di vendita. In primo luogo, mi è stato chiesto molte volte perché non avessi fornito un indicatore di divergenza di vendita mentre fornivo volentieri un indicatore di ricerca di divergenza di segnali di acquisto da molti anni. Ho risposto che le divergenze di vendita sono meno affidabili delle divergenze di acquisto, cosa che è ancora vera. Alcune soluz
PTS Divergence Buy Finder
PrecisionTradingSystems
PTS - Divergence Buy Finder di Precision Trading Systems Il Precision Divergence Finder è stato progettato per individuare i minimi di mercato con estrema precisione e lo fa frequentemente. Nell'analisi tecnica, l'arte di individuare i minimi di mercato è generalmente molto più semplice rispetto a individuare i massimi, e questo strumento è progettato appositamente per questa finalità. Dopo aver identificato una divergenza rialzista, è saggio attendere che la tendenza si inverta prima di acqu
Clever Order Blocks
Carlos Forero
5 (2)
Description Very precise patterns to detect: entry signals as well as breakout, support and resistance reversal patterns. It points out zones in which, with a high probability, institutional orders with the potential to change the price’s direction and keep moving towards it, have been placed.  KEY LINKS:   Indicator Manual  –  How to Install   –  Frequent Questions  -  All Products  How is this indicator useful? It will allow you to trade on the order’s direction, once its direction has been id
Best Currency Strength Indicator
Tumelo Patrick Rakotsoane
4.5 (46)
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries eco
Altri dall’autore
Forex GOLD Investor
Lachezar Krastev
4.48 (40)
WINTER Mega SALE! --> Buy Forex GOLD Investor with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $197 (Regular Price: $497) - The offer ends soon! Live Signal Account:   https://www.mql5.com/en/signals/2276118 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
Forex GOLD Investor MT5
Lachezar Krastev
4.62 (74)
WINTER Mega SALE! --> Buy Forex GOLD Investor with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $197 (Regular Price: $497) - The offer ends soon! Live Signal Account:  https://www.mql5.com/en/signals/2276118 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
GOLD Scalper PRO MT5
Lachezar Krastev
4.42 (19)
WINTER Mega SALE! --> Buy GOLD Scalper PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (Regular Price: $397) - The offer ends soon! GOLD Scalper PRO Live Results:   https://www.mql5.com/en/signals/2281007 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
Infinity Trader EA
Lachezar Krastev
5 (11)
WINTER Mega SALE! --> Buy Infinity Trader EA with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $197 (Regular Price: $497) - The offer ends soon! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2290275 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 statisticall
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Lachezar Krastev
4.68 (31)
WINTER Mega SALE! --> Buy Infinity Trader EA with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $197 (Regular Price: $497) - The offer ends soon! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2290275 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 statistical
News Scope EA PRO
Lachezar Krastev
3.9 (10)
WINTER Mega SALE! --> Buy News Scope EA PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $127 (Regular Price: $327) - The offer ends soon! 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
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Lachezar Krastev
4.5 (20)
WINTER Mega SALE! --> Buy GOLD Scalper PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (Regular Price: $397) - The offer ends soon! GOLD Scalper PRO Live Results:  https://www.mql5.com/en/signals/2281007 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading
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Lachezar Krastev
5 (2)
WINTER Mega SALE! --> Buy News Scope EA PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $127 (Regular Price: $327) - The offer ends soon! 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
Omega Trend Indicator
Lachezar Krastev
4.9 (20)
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
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MACD Trend EA
Lachezar Krastev
4.5 (2)
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 Re
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Smart Scalper PRO MT5
Lachezar Krastev
5 (6)
WINTER Mega SALE! --> Buy Smart Scalper PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (Regular Price: $397) - The offer ends soon! Smart Scalper PRO is the PRO version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Smart Scalper PRO is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse, after a reasonable correc
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
BF Scalper PRO
Lachezar Krastev
4.04 (55)
WINTER Mega SALE! --> Buy BF Scalper PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (Regular Price: $397) - The offer ends soon! 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 logic reduces the drawdo
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Lachezar Krastev
5 (1)
CHRISTMAS SALE! --> You can get Pips Master PRO as a GIFT! You only need to buy one of our products. Check here our products:  https://www.mql5.com/en/users/autotrader/seller Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers, this cutting-edge forex robot redefines automated trading, equipping you with a suite of advance
Forex Trend Detector
Lachezar Krastev
5 (5)
WINTER Mega SALE! --> Buy Forex Trend Detector with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $197 (Regular Price: $497) - The offer ends soon! 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 trading strategy that works!  I didn't us
BF News Trader EA
Lachezar Krastev
4.25 (8)
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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Trend Matrix EA
Lachezar Krastev
5 (1)
WINTER Mega SALE! --> Buy Trend Matrix EA with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (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
Pips Master PRO
Lachezar Krastev
CHRISTMAS SALE! --> You can get Pips Master PRO as a GIFT! You only need to buy one of our products. Check here our products:  https://www.mql5.com/en/users/autotrader/seller Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers, this cutting-edge forex robot redefines automated trading, equipping you with a suite of advance
Flex Recovery EA
Lachezar Krastev
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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Trend Power Bot
Lachezar Krastev
2.67 (6)
Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)
FREE
Bollinger Bands Tunnel EA
Lachezar Krastev
3.5 (2)
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
3.83 (6)
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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Smart Scalper PRO
Lachezar Krastev
3.54 (13)
WINTER Mega SALE! --> Buy Smart Scalper PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (Regular Price: $397) - The offer ends soon! Smart Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things. Smart Scalper PRO is the professional version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Continue reading to learn more a
Omega Trend EA
Lachezar Krastev
4.57 (7)
WINTER Mega SALE! --> Buy Omega Trend EA with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (Regular Price: $397) - The offer ends soon! 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! Omega Trend EA is a professional forex robot implemented
BF Scalper PRO MT5
Lachezar Krastev
5 (2)
WINTER Mega SALE! --> Buy BF Scalper PRO with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 ( Regular Price: $397) - The offer ends soon! 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 logic reduces the drawd
Forex Trend Detector MT5
Lachezar Krastev
5 (12)
WINTER Mega SALE! --> Buy Forex Trend Detector with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $197 (Regular Price: $497) - The offer ends soon! 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 trading strategy that works!  I didn't us
WINTER Mega SALE! --> Buy Trend Reader Indicator with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $117 ( Regular Price: $297) - The offer ends soon! 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 initi
WINTER Mega SALE! --> Buy Trend Matrix EA with -60% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Promo price: $157 (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
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