Trend Monster

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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Send us a message after your purchase to receive more information on how to get your  BONUS  for FREE  that works in great combination with Bull vs Bear ! Bull versus Bear is an easy-to-use Forex indicator that gives traders clear and accurate signals based on clear trend retests . Forget about lagging indicators or staring at charts for hours because  Bull vs Bear provides real-time entries with no lag and no repaint, so you can trade with confidence. Bull vs Bear  helps you enter trades during
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Universal Swing Arrows est un indicateur basé sur des flèches conçu pour fournir des signaux de swing trading. Il peut être utilisé pour n'importe quelle paire de trading et n'importe quelle période de trading. LES FLÈCHES APPARAISSENT SUR LA BOUGIE ACTUELLE (0). LES SIGNALISATIONS NE REPEIGNENT PAS ! L'indicateur peut être utilisé comme système de trading autonome ou dans le cadre de votre stratégie de trading personnelle. La flèche de l'indicateur n'est pas seulement un signal mais c'est aussi
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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The indicator is built on a non-standard Zig Zag, it draws accumulations after which if the price leaves this zone and a test of this zone occurs, then a sound signal is given and an arrow appears - after the test candle closes.The indicator does not redraw its signals, it is very easy to use, there are only three settings 1- this is the zig zag parameter 2- this is the minimum price exit from the zone 3- this is the maximum price exit from the zone. The lower the parameter for Zig Zag, the more
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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
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
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
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
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.
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
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
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
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
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