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Trend Stop MT5

Description of the Indicator

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

Can help traders identify the trend direction and potential stop levels. 

 

Use Trend Stop indicator to detects the trend direction.

Downtrend

if the price crosses the Trend Stop line upwards 

Uptrend

if the price crosses the Trend Stop line downwards 


Use Trend Stop indicator to define  optimal stop levels.

Downtrend

Place your stops  above the Trend Stop line

Uptrend

Place your stops below the Trend Stop line


Parameters

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


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Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev
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Description of the Indicator Trend Stop shows the highest/lowest value of the last N periods. Can help traders identify the trend direction and potential stop levels.    Use Trend Stop indicator to detects the trend direction. Downtrend if the price crosses the Trend Stop line upwards  Uptrend if the price crosses the Trend Stop line downwards  Use Trend Stop indicator to  define  optimal stop levels. Downtrend Place your stops    above the Trend Stop line Uptrend Place your stops below the
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