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Alpha Trend MT5

Alpha Trend MT5 is a trend indicator for the MetaTrader 5 platform; it has been developed by a group of professional traders.

The Alpha Trend MT5 indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend.

This indicator features notifications, which are generated whenever a new signal appears (alert, email, push-notification). This allows you to open a position in a timely manner.

Alpha Trend does not redraw, which makes it possible to evaluate its efficiency on history.

MetaTrader 4 version of Alpha Trend: https://www.mql5.com/en/market/product/24560.

All my developments: https://www.mql5.com/en/users/genino/seller


Advantages of the indicator

  • Suitable for scalping and intraday trading.
  • Simple and easy indicator configuration.
  • Works on all timeframes.
  • It can be used in any financial markets: FOREX, CFD, binary options, stocks.
  • It can be used as a stand-alone tool or in conjunction with other indicators.


Recommended symbols

EURUSD, GBPUSD, AUDUSD, EURCHF, AUDNZD.


Recommendations on usage

Buy signal: the indicator arrow is directed upwards.

Sell signal: the indicator arrow is directed downwards.


Parameters

  • Period - the main parameter, responsible for the indicator calculation period.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email - enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push - enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.


Developer

Evgeny Belyaev, professional programmer and successful trader.

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