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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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Le linee di tendenza sono lo strumento più essenziale di analisi tecnica nel forex trading. Sfortunatamente, la maggior parte dei trader non li disegna correttamente. L'indicatore automatizzato delle linee di tendenza è uno strumento professionale per i trader seri che ti aiuta a visualizzare il movimento di tendenza dei mercati. Esistono due tipi di linee di tendenza, linee di tendenza rialziste e linee di tendenza ribassiste. Nella tendenza rialzista, la linea di tendenza Forex viene t
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Questo cruscotto mostra gli ultimi pattern armonici disponibili per i simboli selezionati, in modo da risparmiare tempo ed essere più efficienti / versione MT5 . Indicatore gratuito: Basic Harmonic Pattern Colonne dell'indicatore Symbol : vengono visualizzati i simboli selezionati Trend: rialzista o ribassista Pattern: tipo di pattern (gartley, butterfly, bat, crab, shark, cypher o ABCD) Entry: prezzo di ingresso SL: prezzo di stop loss TP1: 1 prezzo di take profit TP2: 2 prezzo di take
Advanced Supply Demand
Bernhard Schweigert
4.91 (294)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
CyberZingFx Trend Reversal
Afsal Meerankutty
4.18 (17)
NEW YEAR SPECIAL DISCOUNT RUNNING NOW 40% DISCOUNT Price slashed from $149 to $89 until 3rd Jan 2025 Indicator captures the trend reversals with no-repaint Buy and Sell Arrow signals. CyberZingFx Trend Reversal Indicator - your go-to solution for accurate and reliable trend reversal signals. With its  advanced trading strategy , the indicator offers you Buy and Sell Arrow signals that do not repaint, making it a reliable tool for catching Swing Highs and Swing Lows in any market and any time fr
Volume by Price MT4
Brian Collard
4.6 (10)
The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
The Scalper Boss indicator is a cutting-edge analytical tool designed to assess market conditions and identify optimal entry and exit points using a multi-layered logic framework. It adapts to changing market environments, providing traders with clear visual signals and trend lines. Its primary value lies in its ability to enhance market analysis by filtering noise and capturing meaningful movements, making it especially beneficial for scalping and intraday trading. While Scalper Boss does not g
Gann Swing Structure
Kirill Borovskii
5 (1)
This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th
TheStrat Monitor
Robert Gerald Wood
3 (2)
If you've not already learnt about The Strat trading strategy , go google it now. I promise it won't be a waste of your time, and you will likely learn some new tricks whether you use it or not. OK, so now you know what TheStrat is, you will be able to understand what this indicator can do for you. Key Features In short, the Indicator will: Show Timeframe Continuity for all supported timeframes Supports two timeset views, Day trader and Swing trader Show when Full Timeframe Continuity is in pl
Positionsizecalculator
Takatso Mashilangwako
This indicator is a too that : calculates position size based on account balance/equity , currency pair, given entry level, stop-loss level and risk tolerance (set either in percentage points or in base currency). It displays reward/risk ratio based on take-profit. Shows total portfolio risk based on open trades and pending orders. Calculates margin required for new position, allows custom leverage.                
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Forex GOLD Investor MT5
Lachezar Krastev
4.63 (62)
CHRISTMAS SALE! --> Buy Forex GOLD Investor with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (Regular Price: $497) - The offer ends soon! 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 at a time. It h
Forex GOLD Investor
Lachezar Krastev
4.4 (35)
CHRISTMAS SALE! --> Buy Forex GOLD Investor with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (Regular Price: $497) - The offer ends soon! 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 at a time. It h
Infinity Trader EA
Lachezar Krastev
5 (10)
CHRISTMAS SALE! --> Buy Infinity Trader EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (Regular Price: $497) - The offer ends soon! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2226322 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 statistic
Infinity Trader EA MT5
Lachezar Krastev
4.7 (30)
CHRISTMAS SALE! --> Buy Infinity Trader EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (Regular Price: $497) - The offer ends soon! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2226322 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 statisti
GOLD Scalper PRO MT5
Lachezar Krastev
4.42 (19)
CHRISTMAS SALE! --> Buy GOLD Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 t
News Scope EA Pro MT5
Lachezar Krastev
5 (2)
CHRISTMAS SALE! --> Buy News Scope EA PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $117 (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. Usua
GOLD Scalper PRO
Lachezar Krastev
4.5 (20)
CHRISTMAS SALE! --> Buy GOLD Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 tradi
News Scope EA PRO
Lachezar Krastev
3.9 (10)
CHRISTMAS SALE! --> Buy News Scope EA PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $117 (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. Usua
BF Scalper PRO
Lachezar Krastev
4.04 (55)
CHRISTMAS SALE! --> Buy BF Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 dra
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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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
FREE
Omega Trend EA
Lachezar Krastev
4.57 (7)
CHRISTMAS SALE! --> Buy Omega Trend EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 implemen
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
FREE
Pips Master PRO MT5
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
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
FREE
Trend Matrix EA
Lachezar Krastev
CHRISTMAS SALE! --> Buy Trend Matrix EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 rig
Smart Scalper PRO MT5
Lachezar Krastev
5 (6)
CHRISTMAS SALE! --> Buy Smart Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 cor
Smart Scalper PRO
Lachezar Krastev
3.54 (13)
CHRISTMAS SALE! --> Buy Smart Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 mor
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
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
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
FREE
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
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
FREE
Forex Trend Detector
Lachezar Krastev
5 (5)
CHRISTMAS SALE! --> Buy Forex Trend Detector with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (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'
BF Scalper PRO MT5
Lachezar Krastev
5 (2)
CHRISTMAS SALE! --> Buy BF Scalper PRO with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 dra
Forex Trend Detector MT5
Lachezar Krastev
5 (12)
CHRISTMAS SALE! --> Buy Forex Trend Detector with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $167 (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'
CHRISTMAS SALE! --> Buy Trend Reader Indicator with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $97 ( 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 init
CHRISTMAS SALE! --> Buy Trend Matrix EA with -65% OFF and get a BONUS EA -> Pips Master PRO - with amazing results! NOTE: Christmas price: $137 (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 rig
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