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Trend Monster

30 USD

Demo downloaded: 28

Published: 25 July 2019

Current version: 1.0

Trend Monster

Indicators
Rajiv Ishwar
Rajiv Ishwar
South Africa

1367
3 (1)
v

10 products 17 topics 27 comments
Version: 1.0
Activations: 5

A great indicator that allows one to spot reversals, and follow a trend easily, on any timeframe. Works on any forex pair and other instruments. Works extremely well on exotic pairs It changes colour and direction and can be set to provide an alert for both long and short trades. It can also be used to set the stop loss and manually trail the trade. The indicator can be used on different timeframes easily, and is reliable in that it does not change during slight market corrections, once a trend has commenced. It is better than standard indicators (PSAR, MA, etc) as it allows one stay in winning trades for the maximum time, even when there are slight market corrections, and also allows one to exit losing trades quickly at the appropriate time.

The standard settings work well but you may adjust them to your needs (see screenshots for examples).

Use it to scalp on short timeframes (M1, M5), for daytrading (suggest M5 or M15) or for longer term trend trading (H1, H4 D1).

I suggest you enter trades on the 2nd or 3rd candle after the indicator has changed colour/direction. Use on any timeframe & any instrument.

Settings:

Dll_Period: the lookback period for the calculation (Use lower than 35 for scalping, 35 for M5/M15 charts for day trading, 55/100 for longer time periods)

Rc_fast: Recommend 1.7 or 1

Rc_slow: leave at standard setting of 3

Rc_slope trend: leave at 0

SL_distance_pips: SL value will be included in the alert based on number of pips set here

DisplayAlert: Gives an alert everytime the trend direction changes. Turn on or off as required

ShowCurrentCandle: Displays 1st or second candle. Also the setting for the alert. Recommend 2nd candle if using the alert to prevent too many alerts on 1st candle because price may move up and down causing the 1st candle indicator to repaint.

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Adopt market correlation and indicator resonance Here are some trading recommendations based on the current market conditions: (1) Note: It doesn't mean you have a perfect deal, but rather helps you avoid bad trades (2) Why traditional indicators are prone to distortion. For example, the 10-day moving average is calculated by calculating the average price of the top 10 candlesticks. Result: I prove I want to rise, and the signal is easily distorted. This indicator adopts a self-proof + corrob

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Crypto_Forex Indicator "ReTest Histogram" for MT4, No Repaint. - ReTest_Histogram indicator can be used for search of entry signals into the main trend direction after the retesting of strong S/R level. - ReTest Histogram can be in 2 colors: red for bearish trend and green for bullish one. - Once you see steady consecutive histogram columns of the same color it means new trend takes place. - ReTest signal is 1 column with opposite color in histogram and next column with trend color (see the pic

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The Mechanism Trend indicator is a hybrid indicator that shows the moments for entering the market with arrows. This indicator was created on the basis of the original indicators for searching for extreme points, the indicator is well suited for determining a reversal or a large sharp jerk to one side. When the trend changes, the Mechanism Trend indicator uses color signaling: green - when changing from a downtrend to an uptrend, and red - vice versa, to a downtrend. You can use the indicator

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TREND LINES PRO helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see BOS lines Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5 - Reveals its maximum potential when paired with the RFI LEVELS PRO indicator What the indicator shows: Real shifts tren

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Install as an EXPERT ADVISOR for it to work. This product will not work in strategy tester because it requires trades to be opened first. Therefore, the 1 month rental option for $10 is included for you to test the product. That is the lowest price allowed by the website. The trailing stop loss (TSL) on MetaTrader 4 only works on set ranges. For example, if the TSL is set at 20 pips or 200 points, the trailing SL will move to sell/buy price only once 20 pips/200 points are gained. It does not

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PLEASE NOTE THAT LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4. This currency strength meter allows one to trade the strongest with the weakest currency. The meter includes the curren

30 USD

A two-lines crossover oscillator for market entry and exit. Use on M15 and above for better accuracy. Place indicator on a second chart with the same currency pair and expand for a better view. The indicator gives one a good idea of volatility, volume and trend. Works on any currency pair, yet extremely well on currency pairs with good daily PIP volatility such as GBPJPY, GBPNZD and exotic currency pairs. Use during major market sessions such as London and London-New York overlap for best result

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A breakout box that can set for the start of any of the major trading sessions - Hong Kong, London, London-New York overlap. Set the width of the breakout box in points (10 points=1 PIP) Use it to gauge if the currency pair you are trading in is in a channel or not. Trade once price breaks out from the box. Use with a volume and momentum indicator for best results. You may change the colour of the box to suit your individual preference and chart colour scheme.

30 USD

PLEASE NOTE THAT LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4. This currency strength meter allows one to trade the USDZAR, EURZAR, GBPZAR. Each currency (not pair) is measured consta

30 USD

PLEASE NOTE THAT LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyze individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4. This currency strength meter allows one to trade the USDMXN or EURMXN. Each currency (not pair) is measured constantly ag

30 USD

PLEASE NOTE THAT LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4. This currency strength meter measures the strength of the ZAR using the most important ZAR pairs in the market, namely, A

30 USD

PLEASE NOTE THAT LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test. One of the better ways to trade is to analyze individual instruments rather than in pairs. This is impossible with standard chart indicators on MT4. This volatility and strength meter allows one to trade the XAUUSD, XAUER or XAUAUD. Each instrument (not pair) is measured co

30 USD

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Trend Monster

Rajiv Ishwar