Meridian Signal
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Introducing Meridian Signal, a trend-following signal indicator that turns every trend reversal into a clear, ready-to-use trade plan.
Meridian tracks the market's direction with an adaptive trend line built from price channels, short moving averages, and ATR volatility. When the trend reverses, it marks the signal on your chart and instantly calculates your Entry, Stop Loss, and Take Profit. Everything you need to plan a trade is in one place, helping you spend less time analyzing and more time executing.
Key Features
- Clear Buy/Sell Signals: Bold arrows and BUY/SELL labels appear exactly where the trend reverses, making it easy to identify potential new market moves.
- Complete Trade Plan: Entry, Stop Loss, and Take Profit are calculated automatically for every signal and displayed directly on the chart. The lines stop at the bar where the SL or TP is hit and are marked with ✓ or ✗, allowing you to review how each trade played out.
- Fully Customizable Entry: Choose the entry price from the signal bar's Open, High, Low, or Close, the median, typical, or average price, or the open of the next bar.
- Flexible Stop Loss: Place the stop beyond the trend line, calculate it from the entry using ATR, position it at the recent swing low or high, or use a fixed distance in points. You can customize the ATR period and multiplier. The stop is always kept on the losing side of the entry.
- Flexible Take Profit: Set your target using an ATR multiple with a customizable ATR period, a Risk ratio, or a fixed distance in points.
- Live Dashboard Panel: View the current trend, the latest signal and how long ago it appeared, a momentum gauge featuring Stochastic-based Trend Power with Overbought and Oversold zones, and the complete trade plan. The panel can be dragged, resized, and minimized to suit your chart layout.
- Customizable Alerts: Receive popup, sound, email, and mobile push notifications so you can stay informed when a new signal appears, even when you're away from the chart.
- Works on Any Symbol and Timeframe: Meridian Signal supports forex, gold, indices, and cryptocurrencies across different timeframes, from scalping to swing trading.
Whether you're a beginner looking for clear, structured signals or an experienced trader who wants a fast and flexible trade-planning tool, Meridian helps you trade with a plan instead of a guess.
Specifications
Signals are calculated from closed bars only. Alerts fire after the signal bar closes by default, helping ensure that confirmed signals do not repaint. The live bar can update until it closes. Meridian Signal combines trend-reversal signals with an automatically calculated Entry, Stop Loss, and Take Profit plan, alongside visual chart signals and sound, popup, email, and mobile push notifications. Trading involves risk, so always test the indicator on a demo account before using it in live trading.
Contact
If you have any questions or need help, contact me via Private Message.
