How to use Trend Line Map Indicator ?

How to use Trend Line Map Indicator ?

12 April 2020, 05:10
STE S.S.COMPANY
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---------------- TREND SYSTEM  ----------------

Trend Screener Indicator


Trend Line Map Indicator



The Trend Line Map indicator is a Trend Line Scanner based on Trend Screener Indicator.

 If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work


1. What is the Trend Line Map Indicator ?



A technical indicator that is working as a module to display all TREND SCREENER Indicator signals ( TREND LINE )  as a Dashboard. The indicator will display on the Scanner :

  1. Active Buy/Sell Signals
  2. Generate Alerts when a new signals confirmed.
  3. Display the live profit/loss of all active signal.
  4. Display the starting of every active signal.

The Buy and Sell Signals are based Trend Line of Trend Screener Indicator.


Trend Line signals are displayed as a dashboard with Trend Line Map Indicator.


1. How to run Trend Line Map Indicator ?


Step 1 :  Download Trend Screener Indicator to your MT4.

Step 2 : Download Trend Line Map Indicator to your MT4.

Step 3 : Attach Trend Line Map Indicator.


Step 4 : It will take around 1 minute to calculate M30 signals and display all of them




Step 5 : It will take around 1 minute to calculate H1 signals and display all of them



Step 6 : It will take around 1 minute to calculate H4 signals and display all of them



Step 7 :  It will keep updated all active signals profit/loss and monitoring the new signals with an average updating time of 3 minutes.


3. How to read Trend Line Map ?

------------------ Intraday Signal ----------------



Column Description
M30 this Column display M30 trend line Signal. 
H1 this  Column display H1 trend line signals.
H4  this  Column display H4 trend line signals.
SIG  this  Column display active signal type ( BUY or Sell )
TIME  this  Column display the starting time of the signal.
PROFIT  this  Column display the live profit/loss in pips of the active signal.
N.B this  Column display the number of buy signals.
N.S this  Column display the number of sell signals.
Tot.P this  field display the  the total profit of all active signals in Pips
Tot.L this  field display the  the total loss of all active signals in Pips.
Net. P  this  field display The net profit of all active signals in Pips. 


------------------ Intraday Signal ----------------


Column Description
D1 this Column display daily trend line Signal. 
W1 this  Column display weekly trend line signals.
MN1 this  Column display monthly trend line signals.
SIG  this  Column display active signal type ( BUY or Sell )
TIME  this  Column display the starting time of the signal.
PROFIT  this  Column display the live profit/loss in pips of the active signal.
N.B this  Column display the number of buy signals.
N.S this  Column display the number of sell signals.
Tot.P this  field display the  the total profit of all active signals in Pips
Tot.L this  field display the  the total loss of all active signals in Pips.
Net. P  this  field display The net profit of all active signals in Pips. 

4. How Trend Line Map indicator working with Trend Screener ?


 Step 1 : Open Chart 1 and attach Trend Screener indicator in Chart 1.
 Step 2 : Open Chart 2 and attach Trend Map Line indicator in chart 2.


Buy Signal:  TREND LINE BUY SIGNAL ( NOW ) 

+ the TREND SUMMARY ( UP-TREND or STRONG-UP-TREND) 


Sell Signal: TREND LINE SELL SIGNAL ( NOW ) + the TREND SUMMARY ( DOWN-TREND or STRONG-DOWN-TREND)



Feel free to post your comments below, thank you.


Author

SAYADI ACHREF , fintech software engineer and founder of Finansya.