GG TrendBar
- Indicators
- Biswarup Banerjee
- Version: 5.0
- Updated: 6 September 2025
- Activations: 20
Elevate your trading precision with the GG TrendBar Indicator MT5, a multi-timeframe powerhouse leveraging ADX and Parabolic SAR to deliver consolidated trend signals across up to 9 timeframes. Emerging from advanced trend analysis concepts popularized in the early 2010s on platforms like Forex Factory and MQL5, this indicator has gained favor for its ability to filter noise by requiring alignment across selected TFs, often outperforming single-TF indicators in volatile markets. Non-repainting and customizable, it visualizes trend direction with colored icons, making it a staple for traders seeking confirmed momentum without constant chart switching.
Traders value the GG TrendBar for its skill in highlighting trend strength, potential reversals, and alignment opportunities, with green for uptrends, red for downtrends, and yellow for flat conditions. By combining +DI/-DI from ADX and PSAR positioning, it categorizes each timeframe's state, generating alerts only when all enabled TFs agree—reducing false signals and enhancing confidence in entries during strong trends or reversals. Benefits include streamlined multi-TF analysis for scalping to swing trading, minimized whipsaws in ranging markets, and improved win rates through consensus-based signals. Versatile for forex, stocks, indices, commodities, or cryptos, its notifications ensure timely action, turning complex TF monitoring into actionable insights for profitable outcomes in trending environments.
Installation Guide for MQL Products | Updating Purchased MQL Products on MT4/MT5
Key Features
- ADX Customization: Adjust ADX Period (default 14) and Price Type (default Close) for precise +DI/-DI calculations, tailoring trend strength detection to your preferred sensitivity.
- PSAR Parameters: Set Step (default 0.02) and Max (default 0.2) for Parabolic SAR to refine up/down/flat determinations across timeframes, enhancing accuracy in volatile conditions.
- Multi-Timeframe Selection: Enable/disable specific TFs from M1 to MN1 (all default true) to focus signals on desired alignments, ideal for confirming trends or spotting reversals.
- Visual Trend Icons: Displays colored symbols (green up, red down, yellow flat) in a customizable corner with adjustable colors, providing at-a-glance multi-TF overviews.
- Consensus-Based Alerts: Generates buy/sell signals only when all enabled TFs align, with options for terminal alerts, push notifications, or emails to never miss unified momentum shifts.
- Non-Repainting Reliability: Signals based on closed bars remain fixed, ensuring consistent historical data for strategy testing and live trading confidence.
- High Performance: Efficient code supports real-time multi-TF analysis on MT5 without lag, suitable for high-frequency setups or long-term trend monitoring.
- EA Integration: Exposes buffers for each TF's trend state (+1 up, -1 down, 0 flat), enabling easy automation in Expert Advisors for multi-TF consensus strategies.
- Backtesting Optimized: Customizable parameters allow thorough historical simulations to validate alignment-based entries/exits before deploying in live markets.
The GG TrendBar Indicator MT5 emerges as a vital asset for traders harnessing multi-timeframe consensus with ease. Its acclaim stems from real-world performance: noise-reduced signals, strong trend confirmation, and the edge in avoiding premature entries. Unlock aligned trends for superior results.
You can also explore the MT4 version of this product:
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#tags gg trendbar mt5 indicator multi timeframe adx psar trend strength reversal signals alignment alerts forex strategy momentum analysis support resistance volatility detection
