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Indicators

Simpler Trend - indicator for MetaTrader 4

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Published by:
Besarion Turmanauli
Views:
8838
Rating:
votes: 6
Published:
2017.09.25 08:18

Although there are many similar indicators out there, this particular one is based on code previously published by Mladen Rakic and incorporates a number of improvements, part of which was added following user request in comments.


List of fixes and improvements

  • Trading alerts (Alerts in MT4 terminal, Email notifications, Push notifications).
  • Inputs to enable/disable each alert type separately.
  • Simplified and easy-to-grasp color theme.
  • Additional signal buffer (Indicator output value).
  • Indicator is compatible with Universalis MT4, you can import it, create your own automated strategy and backtest with high precision (step-by-step guide).
  • Miscellaneous minor fixes.


The list of adjustable parameters

  • Average Period = 30 - indicator period.
  • Sensitivity = 3 - sensitivity to price fluctuations.
  • Enable Alerts = false - enable/disable trading alerts in MetaTrader 4.
  • Enable Email Notification = false - enable/disable email trading alerts.
  • Enable Push Notification = false - enable/disable push trading alerts.


Examples


Recommendations

  • Please, make sure you combine these signals with other sources of fundamental and technical analysis, do not rely on this indicator alone for your trading decisions.
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