Trend Radar Chart Tracker

3

Easily track and trade with the trend using this indicator.

Uses a circle and line to indicate the trend direction.

Excellent for channels.

Features alert function.

Parameter TrendPeriod can be changed to your preference.

How to use:

Simply attach to any chart.

Blue circle plus blue line cross below price = Buy.

Red circle plus red line cross above price = Sell.

Best results when taking higher time frames into consideration before entering a trade. (Hint: Wait for the radar/circle to appear on more than 3 time frames)

When trading in a channel, buy in ascending channel and sell in descending channel.

Use as you see fit for your strategy.

Best results on Major Pairs, but can also be used on other pairs.


Important to note:

  • Please do not use this indicator haphazardly, but combine it into your strategy.

  • Don't risk money you cannot afford to lose.

  • You use this indicator at your own risk. Please apply money management wisely.

  • Always test your strategy on a demo account before using a new indicator on a live account.


Reviews 2
keepitpippen
180
keepitpippen 2022.10.16 15:06 

use within your strategy

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Liked the logic of this tool? Explore the full ecosystem of professional indicators and utilities created by a trader for traders: All products by the author on MQL5 Market: https://www.mql5.com/en/users/musa1994/seller Details and trading philosophy: https://developer-mql4-mql5.netlify.app/ Professional Delta Volume MTF v2.0 is a professional indicator for MetaTrader 4 that shows the difference between buy and sell volume (Delta Volume) and Cumulative Delta. Version 2.0 introduces f
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L.Verschoor
194
L.Verschoor 2025.01.12 11:32 

Was a little helpfull

keepitpippen
180
keepitpippen 2022.10.16 15:06 

use within your strategy

Natasha Diedericks
4583
Reply from developer Natasha Diedericks 2022.10.19 18:50
Thanks for your feedback. Happy the indicator is helpful in your strategy.
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