Major Trend MT4 Indicator
- Indicateurs
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Yan Zhen Du
With over 13 years of experience in live trading and developing algorithmic strategies, we are proud to offer some of the most powerful and reliable Expert Advisors (EAs) for MetaTrader 4 and 5. Our tools are carefully designed to analyze real-time market movements, adapt seamlessly to changing - Version: 1.0
- Activations: 5
Trend Indicator Advanced Trend is a trend-following indicator designed to help traders analyze market direction with clear and structured visual signals.
The indicator uses algorithm-based calculations to present trend conditions in a simplified and readable format, aiming to support decision-making across different market environments.
Key Features
Visual Design
- Clear color scheme for identifying trend direction
- Dual-line structure to display trend movement
- On-chart arrow signals indicating potential directional bias
- Customizable visual settings including colors, line width, and arrow size
Alert System
- Supports multiple alert types: popup, sound, email, and push notifications
- Alerts are generated based on predefined trend conditions
- Includes basic filtering to reduce repeated alerts on the same candle
Performance
- Designed to run efficiently with low resource usage
- Indicator signals are calculated based on closed candle data
Visual Signals
Arrow Indications
- Up arrow: indicates potential bullish conditions
- Down arrow: indicates potential bearish conditions
Color System
- Green: suggests upward market pressure
- Red: suggests downward market pressure
Alert Notifications
The indicator can notify users when predefined conditions are met:
- Pop-up alerts
- Sound alerts
- Email notifications
- Mobile push notifications (requires MetaTrader mobile app)
Example messages:
- Bullish signal on EURUSD (M15)
- Bearish signal on GBPUSD (H1)
Input Parameters
Visual Settings
- BullColor – Color for upward conditions
- BearColor – Color for downward conditions
- LineWidth1 – Primary line width
- LineWidth2 – Secondary line width
- ArrowSize – Size of arrow signals
- ShowLabels – Enable or disable on-chart labels
Alert Settings
- EnableAlert – Enable or disable alerts
- EnableSound – Toggle sound alerts
- EnablePopup – Toggle pop-up alerts
- EnableEmail – Toggle email alerts
- EnablePush – Toggle push notifications
- AlertSound – Select alert sound file
Usage
This indicator can be used by traders who are analyzing trend behavior across different timeframes.
Applicable styles:
- Trend-following strategies
- Multi-timeframe analysis
Common timeframes:
- M15 – H1
- H4 – D1
- W1 and above
Supported markets:
- Forex
- Metals
- Indices
- Cryptocurrencies
