Technical Indicators for MetaTrader 4

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MetaTrader 4

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Information

Indicators
MetaTrader 4
Vitalii Zakharuk
1.4
5

Overview

The Trends Signal indicator displays the direction of the trend with arrows, works in a simple and clear way. It uses a combination of reliable and simple indicators to analyze prices.
The signals of the Trends Signal indicator can be interpreted as follows: buy when the bars are colored blue, and sell when they are red.
An effective indicator with a wide range of three parameters for trading.

Parameters:
  • Length - The number of bars to calculate.
  • LevelUP, LevelDN - Levels for determining overbought, oversold.

The indicator is not subject to redrawing or any other various methods of erroneous display.
It is recommended to use in conjunction with other indicators.

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