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Trend Stop MT5

Use Trend Stop indicator to detects changes in a trend.

Its secondary objective is suggesting optimal stop levels.

Place all your stop orders below Trend Stop line for uptrend and above Trend Stop line for downtrend.

Trend Stop shows the highest/lowest value of the last N periods.


Parameters

  • periods- number of periods used to calculate Trend Stop.

Trigger Mode algorithms:

  •  In case of a downtrend, if the high price crosses Trend Stop line upwards, a trend change is to occur.
  • In case of an uptrend, if the low price crosses Trend Stop line downwards, a trend change is to occur.


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