Trend Monitor For MT4 | Safe Trading Indicator

Table of Contents

Trend monitor for MT4, a customized MT4 (Metatrader 4) indicator that evaluates the pattern and volatility analyzer indication. In addition, it creates buy and sell signals that work for many currency sets and timeframes.

In conclusion, we have actually coded it based upon the Super Trend Formula to be more precise by including a volatility analyzer.

Trend monitor for MT4

1. secret features

Recognize the start and completion of the pattern.
Determine quickly the Strength of the Trend (Max Increase and Max Decrease)
Determine the marketplace Corrections. (Weak Trend)
When the Potential pattern starts, get Alert.

2. How to utilize trend monitor

The Indicator is shown in a different window simply listed below your primary trading chart. To put it simply, it includes red and green pie chart.

Start up trend

Histogram modification from Red color to Green color.
Now open long position after initially closed candle light conference above condition.
Set stop loss to last swing low point.
When the Xmaster indication turns to Red pie chart, exit the trade/ take earnings at the arrival of opposite signal.

Read more article: Learn Forex Trading Step by Step

What is Forex?

Start down trend

Histogram modification from Green color to Red color.
Now open brief position after initially closed candle light conference above condition.

Set stoploss to last swing peak

When the Xmaster indication turns to Green pie chart, exit the trade/ take revenue at the arrival of opposite signal.

Read more article: Foreign Exchange Market Definition

3. Benefit

Dealing with all sets (Forex, Crypto, Indices and commodities)
Dealing with all timeframes. (Recommended timespan: H1 and H4 timeframes)
Alert generator. (Pop-up alert, Push Notification Alerts … etc.)