We-Trend MT4 indicator made by the We-Trading team is designed to study supports, resistances and trend filters.
We-Trend is the tool that works also as a trend filter on all major trading strategies.
We-Trend write for you horizontal lines (supports or resistances) on all timeframes.
UP Trend, Down and FLAT
The We-Trend helps to understand the direction of the trend.
- Red or Green Horizontal lines show supports and resistances
- Trend comment show the main trend of the current TimeFrame, and other 2 timeframes (TF1 and TF2 parameters) like Daily and Weekly
- TimeFrame=10080 - the main timeframe where to study supports and resistances; We suggest you to use default value;
- TF1=1440 - Trend comment printed on the chart for timeframe 1440 (you can modify it to print the trend of other timeframe, like 60 or 15 minutes)
- TF2=10080 - Trend comment printed on the chart for timeframe 10080 (you can modify it to print the trend of other timeframe, like 60 or 15 minutes)
Please Watch in High-Definition to further understand
- How it works (Click Here)
- minor bugs fixed