Trend Contrarian MT4

【Product Overview】

METATRADER 4  ·  INDICATOR

Trend Contrarian

How far has the current move already extended

within the broader trend?

An MT4 indicator that divides price movement into blocks of a fixed width and automatically records how many consecutive blocks have confirmed in the same direction.
It does not trade automatically. Placing orders is always down to you.

Auto-Adaptive
Block width adjusts
to market conditions
Continuous Tallying
Shows streak-length
frequency instantly
No Order Placement
Display only —
trading is your call
Please Read Before Use
Margin trading such as FX and CFDs may result in losses due to price fluctuations. Leveraged trading may result in losses exceeding your deposited margin.
This product is an analytical tool that visualises market conditions; it does not guarantee profit and is not a trading recommendation or investment advice. We are not a registered investment advisor. Trading decisions and their outcomes are entirely your own responsibility.

01  —  Sound Familiar?

Deciding whether a move still has room to run,
or is about to stall, came down to gut feeling.

I
Jumping in after the move is spent
Getting caught up in momentum after several moves the same way, only for it to reverse right after entry.
II
Missing when "this time is different"
No way to judge by feel how often the current streak length actually occurs.
III
The width benchmark keeps shifting
Fixed pips alone drift between high- and low-volatility periods.

02  —  What It Does

See the current streak count and how often it normally happens, on the same screen.

Price movement is divided into blocks of a fixed width, counted each time a block confirms in the same direction. A frequency table shows how often each streak length occurs, so you can tell instantly whether the current streak is unusually long or still normal. The width benchmark adjusts automatically to volatility, so it's less likely to drift.


03  —  Key Features

Four core features.

01
Auto-adjusting block width

Block width adjusts automatically to volatility — widening in fast markets and narrowing in calm ones, avoiding the drift that comes with fixed pips.
02
Automatic streak counting

The count builds with each same-direction block and resets on reversal. A label at each block shows the current streak at a glance.
03
Frequency table & max-streak panel

How often each streak length has occurred is tallied bottom-right, with the period's maximum streak always shown top-right for comparison.
04
Three aggregation-period options

Choose full period, a specified date range, or the most recent N bars only — older data is excluded automatically in the latter mode.


04  —  Basic Usage

Three steps.

1
Check the chart label for the current streak length
2
Check the frequency table (bottom-right) for how often that count occurs
3
Compare against Max Count (top-right) to judge whether the current streak is unusually high

This product only displays analytical information. It does not place orders or set stop-losses. Entry and exit decisions are always yours.


05  —  Other Settings

Frequency table toggle

Show/hide, and set max rows displayed
Label font size

Adjust streak-count and panel text size
Label drawing limit

Set how many recent bars get labels
Next-block line display

Toggle the preview line on/off
Aggregation period

Filter by date range or recent N bars
Top-right panel font size

Adjust the info panel's text size


SPECIFICATIONS

Platform MetaTrader 4
Type Chart-display indicator (no automated trading)
Block width Auto-adjusts to market volatility
Aggregation mode Full period / Date range / Most recent N bars
Displayed items Streak labels, frequency table, max-streak panel, next-block line toggle
Symbols & timeframes Works on all symbols and timeframes


06  —  Q & A

Frequently asked questions.

Q. Can it trade automatically?

No. It's a visualisation tool only — it never places or closes orders. All entry/exit decisions and execution are up to you.

Q. Can I set the block width myself?

No — it adjusts automatically to volatility. What you can configure are the aggregation period and display settings.

Q. Can I narrow what the frequency table covers?

Yes — choose full period, a date range, or the most recent N bars, with out-of-range data excluded automatically.

Q. Do you publish win rates or performance figures?

No. Results vary too much by market conditions, timing and money management for a figure to be meaningful. This is a visualisation tool, not a profit guarantee.
Please Read Before Purchase
■ What this product is
Analytical software you run on your own MetaTrader 4 terminal. Displayed information is calculated from your own chart data; we provide no individual market forecasts or trading advice, and are not a registered investment advisor.

■ Risks
FX/CFD margin trading may cause losses from price fluctuations, including losses beyond your deposited margin. Spreads, swaps, commissions and slippage may affect execution price.

■ No guarantees
This is a visualisation tool, not a trading recommendation or profit guarantee. Past display results do not guarantee future performance.

■ Terms of use
For the purchaser's own use only. Sharing, redistribution, disclosing the logic, account sharing, decompiling, modifying or reselling are prohibited.

■ Disclaimer
All trading decisions and outcomes are your own responsibility; we accept no liability for resulting losses.

MetaTrader 4 is a trademark of MetaQuotes Ltd. This product is not affiliated with that company.


Trend Contrarian  ·  METATRADER 4 INDICATOR

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TDI Multi Timeframe Scanner: This Dashboard indicator uses the TDI (Trader's Dynamic Index) Indicator to find best trades. Read detailed How to Use Guide: https://www.mql5.com/en/blogs/post/758252 Extra indicators also available in above post. Checks for: - SharkFin Pattern Free indicator for SharkFin: https://www.mql5.com/en/market/product/42405/ - TDI Trend: Strong/Weak Trend Up/Down - TDI Signal: Strong/Medium/Weak Signal for Buy/Sell - Consolidation - Overbought/Oversold - Volatility Ban
Italo Trend Indicator
Italo Santana Gomes
4.74 (34)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
Advanced Supply Demand
Bernhard Schweigert
4.91 (302)
Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the pot
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