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MetaTrend M5

5

Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor.


Features

  • Super Adaptive Trend Detector Algorithm
  • Low Consecutive Trend Failure (Very important for money management)
  • True Price Channel (Trend and Target lines)
  • Sound Alerts, Push Notifications, Screen Flasher, …
  • Multi-Timeframe
  • Never Repaints


Input Parameters

Input Name Description
Period The maximum size of the window which is used to calculate the trend. The default is 100 bars, try other values like 150 and 200 to find the best period.
Sensitivity A percentage value (0 to 100) which defines how fast the indicator detects reversal points.
STD Period This input is zero by default and will be set automatically based on the first input. STD Period and Period inputs are the key inputs that can be optimized for Expert Advisors.
Dynamic Response A percentage value (-100 to 100) which tell the indicator how dynamic it can response to the market volatility.
Lock inputs on timeframe Lower timeframes have more details but they are noisier. To get the advantage of details and avoid noises, use the indicator on low timeframes but lock the inputs on a higher timeframe. Locking on a higher timeframe makes MetaTrend recalculates the inputs in such a way to generate almost the same trend shape like the one from the higher timeframe. This way trend reversals can be detected with lower lags.
Show Targets Shows the target lines and creates a channel around the price. A target line is a forecast for the next potential price that the market will hit in its next move.
Calculate once per bar For quick testing and optimizing of expert advisors, enable this input.
Alert Trend Change Enable this to get alerted when the trend changes.
Alert Price Crossover Enable this to get alerted when the price crosses the trend line.
Sound Alert Generates a sound on trend change or price crossover.
Flasher For traders who use multiple charts on multiple screens, enable this input to get visual alerts.
Push Notification To get notification on your smart phone enable this input.
Email Alert Get alerted using your email.
Popup Alert Get alerted using the MetaTrader popup alert window.
Alert Message Title You can use multiple MetaTrend on the same chart for different purposes. For example, use one MetaTrend for getting overall trend and another one for Buy/Sell signals. To distinguish them use this input to add a title to the messages.


Reviews 1
pdev
204
pdev 2022.07.11 13:05 
 

Almost a perfect trend identifying indicator and probably the best on mql5, the author has a very deep understanding about trend identification thats proven in his various indicators. Thanks

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MetaBands uses powerful algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged by the user to create new channels simply by using the input parameters. MetaBands uses all types of alerts to signal market events to the user. Features Supports most of the channel algorithms Powerful trend detection alg
129 USD
MetaBands M4
Vahidreza Heidar Gholami
MetaBands uses powerful algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged by the user to create new channels simply by using the input parameters. MetaBands uses all types of alerts to signal market events to the user. Features Supports most of the channel algorithms Powerful trend detection alg
129 USD
Royal Scalping Indicator M4
Vahidreza Heidar Gholami
5 (2)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Lo
149 USD
MetaTrend M4
Vahidreza Heidar Gholami
Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adap
99 USD
Royal Wave Pro M4
Vahidreza Heidar Gholami
5 (1)
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Ov
129 USD
Smart Channel M5
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calc
129 USD
Smart Channel M4
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calc
129 USD
Royal Wave Pro M5
Vahidreza Heidar Gholami
5 (1)
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Ov
129 USD
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pdev
204
pdev 2022.07.11 13:05 
 

Almost a perfect trend identifying indicator and probably the best on mql5, the author has a very deep understanding about trend identification thats proven in his various indicators. Thanks

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