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MetaTrend M5

5

Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor.

Features

  • Super Adaptive Trend Detector Algorithm
  • Low Consecutive Trend Failure (Very important for money management)
  • True Price Channel (Trend and Target lines)
  • Sound Alerts, Push Notifications, Screen Flasher, …
  • Multi-Timeframe
  • Never Repaints


Input Parameters

Input Name Description
Period The maximum size of the window which is used to calculate the trend. The default is 100 bars, try other values like 150 and 200 to find the best period.
Sensitivity A percentage value (0 to 100) which defines how fast the indicator detects reversal points.
STD Period This input is zero by default and will be set automatically based on the first input. STD Period and Period inputs are the key inputs that can be optimized for Expert Advisors.
Trend Reversal Response A percentage value (-100 to 100) which tell the indicator how dynamic it can response to the market volatility.
Lock inputs on timeframe Lower timeframes have more details but they are noisier. To get the advantage of details and avoid noises, use the indicator on low timeframes but lock the inputs on a higher timeframe. Locking on a higher timeframe makes MetaTrend recalculates the inputs in such a way to generate almost the same trend shape like the one from the higher timeframe. This way trend reversals can be detected with lower lags.
Show Targets Shows the target lines and creates a channel around the price. A target line is a forecast for the next potential price that the market will hit in its next move.
Calculate once per bar For quick testing and optimizing of expert advisors, enable this input.
Alert Trend
Enable this to get alerted when the trend changes.
Signals per Trend Controls the frequency or occurrence of signals generated within each individual trend.
Signals at Same Level The number of alerts or signals generated at the same price level.
Signal Zone Alert Limits the generation of alerts or signals within a zone, which starts at the beginning of trends and continues for a specified multiple of the channel width, providing customization of sensitivity and responsiveness to trend changes.
Sound Alert Generates a sound on trend change or price crossover.
Flasher For traders who use multiple charts on multiple screens, enable this input to get visual alerts.
Push Notification To get notification on your smart phone enable this input.
Email Alert Get alerted using your email.
Popup Alert Get alerted using the MetaTrader popup alert window.
Alert Message Title You can use multiple MetaTrend on the same chart for different purposes. For example, use one MetaTrend for getting overall trend and another one for Buy/Sell signals. To distinguish them use this input to add a title to the messages.


Bewertungen 2
elite luis
3331
elite luis 2023.04.14 09:42 
 

Another Innovative Amazing Trend Channel with Superb Alert system build in, Author is super passionate on all his product, he really put in heart and soul to making the best, well worth Best Buy for 2023! and Excellent Support and Communication from Author, he is open mind to all idea and suggestion, and very considerate when coding his indicator to include all the Best Features you can think of he already added! :)

pdev
616
pdev 2022.07.11 13:05 
 

Almost a perfect trend identifying indicator and probably the best on mql5, the author has a very deep understanding about trend identification thats proven in his various indicators. Thanks

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Professional Scalping Tool on Deriv Attention! The indicator will be sold in limited quantities!!! The previous 5 copies were sold for $250 The remaining 4 copies will be sold for $350 The next price is $500 Description: This trading indicator is designed for professional traders focused on scalping. Designed with the market in mind, it provides highly accurate spike trading signals. It works on the M1 timeframe and supports the following symbols: Boom 300 Index, Boom 500 Index, Boom 1000 I
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
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elite luis
3331
elite luis 2023.04.14 09:42 
 

Another Innovative Amazing Trend Channel with Superb Alert system build in, Author is super passionate on all his product, he really put in heart and soul to making the best, well worth Best Buy for 2023! and Excellent Support and Communication from Author, he is open mind to all idea and suggestion, and very considerate when coding his indicator to include all the Best Features you can think of he already added! :)

pdev
616
pdev 2022.07.11 13:05 
 

Almost a perfect trend identifying indicator and probably the best on mql5, the author has a very deep understanding about trend identification thats proven in his various indicators. Thanks

Antwort auf eine Rezension
Version 1.5 2023.04.17
The alerting functions have been improved.