Simple Trend Info

5

According to experts, trading against the trend is said to be hazardous, and perhaps sometimes it is a mistake that we easily make. Simple Trend Info is designed to display the trend of an asset class on different time frames and assists in minimizing trading against the trend. It uses the conventional moving averages to determine whether the trend is bullish or bearish and displays the trend on the screen. The time frames are limited to 5 options and you can adjust them as per your needs. The default time frames are:

  • Weekly
  • Daily
  • H4
  • H1 and
  • 30 Mins


Input Parameters

  • ID (For loading multiple instances of the indicator)
  • Vertical Shift
  • Horizontal Shift
  • Enter Symbol
  • Display Symbol. Leave blank to select current symbol.
  • Fast Moving Average Period
  • Applied Price
  • MA Method
  • Slow Moving Average Period
  • Applied Price
  • MA Method
  • First Time Frame
  • Second Time Frame
  • Third Time Frame
  • Fourth Time Frame
  • Fifth Time Frame
  • Buy Color
  • Sell Color
  • Font Type
  • Font Size
  • Line Spacing


How it works

When the fast MA is above the slow MA, the trend is bullish. And when the fast MA is below the slow MA, the trend is bearish. Set the moving averages to the desired parameters (Period, applied price and MA method) and let the indicator determine if the trend is bullish or bearish. It will then display the trend of the asset class based on five time frames, which can be customized as one finds suit.

When loading the indicator on the chart, leave the ID to 0. If you would like to load multiple indicators on the chart you will have to set a unique ID for each indicator. Otherwise, it will overwrite a previous one that has the same ID.

The vertical shift is set to default 110 and the horizontal shift is set to default 8. If you would like to add an extra indicator that displays a different symbol, the difference in the vertical distance should be 100 by default and the horizontal should be 160 by default. Thus, the second indicator should have a vertical shift of 210 and a horizontal distance of 8. Or a vertical shift of 110 and a horizontal distance of 168.

The display of the indicator can be customized based on color (bullish color and bearish color), font type, font size and line spacing.

Reviews 2
Roger
612
Roger 2021.03.31 14:04 
 

I can't live without it.

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Having to check constantly if your Stochastic has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert Stochastics indicator will assist in this task, ensuring that you get the most with little effort. When the Stochastic values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail acc
FREE
Alerts CCI
Richard Waweru
4.75 (4)
Having to check constantly if your CCI has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert CCI indicator will assist in this task, ensuring that you get the most with little effort. When the CCI values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail account). The indicator d
FREE
Simple Order Blocks
Richard Waweru
3 (2)
An order block also known as a block of order is a significant order placed for sale or purchase of a large number of securities. They are often used by institutional traders, and is a different way of looking at support and resistance. These levels are temporally used, before new levels and areas of interest are created. The simple order block indicator attempts to find the order blocks, which are more often than not optimal trade entries. The primary strategy when using the indicator when maki
MACD Divergence with arrows complements the MACD indicator. It scans for divergence within the MACD oscillator then draws arrows on the entry points in the chart window. NB:The indicator does not bring up the MACD window nor does it draw lines on the MACD window. The screenshots are a mere description of how they work. The user will become alerted whenever a divergence is in progress and should WAIT for the perfect moment to make an entry. Perfect entries can be anything basic such as support an
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Roger
612
Roger 2021.03.31 14:04 
 

I can't live without it.

pnutfx503
1529
pnutfx503 2017.12.07 06:39 
 

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