Technical Indicators for MetaTrader 4

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Market Makers Trend Index

market-makers-trend-index-logo-200x200-4113
250.00 USD212.50 USD

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Information

Indicators
MetaTrader 4
Elias Mtwenge
1.0
1000

Overview

Dear traders have created a tool and named it the "Market Makers Trend Index". 

The Market Makers Trend Index is created for the purpose of helping the majority of traders to analyse the market direction in an easy way.

This indicator is for serious traders who are ready to holds trades for days, weeks and even months.


HOW DOES IT WORK?

  • The Market Makers Trend Index is printed on the chart window as red and green histograms.
  • The green histograms are for bullish trend meaning that the market makers are buying the instrument and the red histograms are for bearish trend meaning that the market makers are selling that particular instrument.
  • There are two types of trend scanners in the indicator (the fast short term trend scanner and the slow long term trend scanner)
  • The short term bullish trend scanner is represented by the short deep green histograms  and the slow long term trend scanner is represented by light green histograms.
  • The fast short term trend scanner for both bullish and bearish market will be used as an aggressive buying or selling signal while the  slow long term trend scanner for both bullish and bearish market can be used for conservative trading style meaning that you wait for more confirmations before entering any trade.
  • The red histograms/area are for bearish/down trending market and  the green histograms/light green areas are for bullish/up-trending markets.
  • We consider buying the instrument when we see a bullish deep green histograms/light green histograms and sell when we see the red/pink colored histograms.
  • The indicator works well on H1, H4, D1, W and Monthly time-frames. But on 1min, 5min, 15min, and 30min will need to study the indicator very close.
  • Otherwise you are advised to stick with the H1, H4, D1, W and Monthly time-frames
  • This Indicator doesn't repaint.


Last Words

Disclaimer: There is no guaranteed profit or accurate signals. You are responsible for every financial decision you take! Invest wisely.


Thank you for considering this product.

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Refund requests received more than 30 days after purchase will be rejected.

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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