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Trend Trading

4

Description

Trend Trading is an innovative analyzer designed for trend following trading. The analyzer consists of a trend line, colored bars, arrow pointers and reference information. After completion of the current bar, the trend line, the color of the bar and the arrow pointers are not redrawn.

Change of market sentiment can be calculated based on one of the fourteen basic indicators included in the standard package of MT4, it affects the color of the trend line.

Optionally colored bars, arrow pointers and reference information can be shown on the chart or hidden, and the arrow pointers can be simple and/or synergistic simultaneously.

The analyzer can send an email alerting of the appearance of the arrow pointer on the last two bars: current and previous.

Sample e-mail notification:

  • Subject: Trend Trading Info
  • Message: Signal,M1 - Bullish signal has been detected - 2014.08.06 10:18:00

Please see the attached video for the analyzer operation sample.


Input Parameters

  1. Calc_Indicator—the basic indicator used for calculating change of sentiment;
  2. Ind_Period—basic indicator calculation period;
  3. KPeriod—external parameters of Stochastic;
  4. DPeriod—external parameters of Stochastic;
  5. Slowing—external parameters of Stochastic;
  6. Stoch_Price—Stochastic price type;
  7. Price_Field—method of averaging of the Stochastic signal line;
  8. FastMA—basic indicator's Fast MA period;
  9. SlowMA—basic indicator's Slow MA period;
  10. SignalMA—period of the signal line of the basic indicator;
  11. Applied_Price—the used price of the basic indicator;
  12. MA_Method—the averaging method of the basic indicator's moving average;
  13. Mode—basic indicator's line index;
  14. Arrow_Simple—show simple arrows;
  15. Arrow_Synergy—show synergistic arrows;
  16. Candlesticks—coloring of strategy's bars;
  17. Corner—anchor point on chart for the table;
  18. X_Distance—the X coordinate of the table in points;
  19. Y_Distance—the Y coordinate of the table in points;
  20. GMT_Time—current Greenwich Mean Time;
  21. Close_Time—show time left to the end of formation of the current bar by timeframes;
  22. Play_Sound—audio signal;
  23. Sound_Mail_Numbers—the number of sound alerts or e-mail notifications for the last two bars;
  24. Send_Mail—send an e-mail notification;
  25. Info_Color—color of reference information.


Purpose

The indicator can be used for manual or automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double:

  1. Bullish trend line—buffer 0;
  2. Bearish trend line—buffer 1;
  3. BUY arrow— buffer 2;
  4. SELL arrow— buffer 3;
  5. Bar coloring—any of the buffers 4, 5, 6 or 7.


Recommendations

In intraday trading on the current timeframe, it is recommended that you wait for the end of correction and trade in the direction of the main trend of a higher timeframe (for example, in the trend direction of the daily chart).

Trading can also be possible when signals occur in both direction.

Comentários 2
Trader mql5
1265
Trader mql5 2019.04.05 05:02 
 

This is a very good trend indy. I use it as an exit strategy as well when color of bars turns neutral, then wait if continuation is possible to re-enter or wait for trend change.

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Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th
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Roman Podpora
5 (4)
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Copie sinais de qualquer canal do qual você seja membro (   sem a necessidade de um Token de Bot ou Permissões de Administrador  diretamente para o seu MT4. Foi projetado com o usuário em mente, oferecendo muitos recursos que você precisa Este produto é apresentado em uma interface gráfica fácil de usar e visualmente atraente. Personalize suas configurações e comece a usar o produto em minutos! Guia do Usuário + Demo  | Versão MT5 | Versão Telegram Se quiser experimentar uma demonstração, vá
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Eric John Pajarillaga Aldana
5 (3)
TakePropips TradePad Pro inclui um poderoso gerenciador comercial, medidor de força da moeda, ferramentas de relatórios de contas, ferramentas de gerenciamento de risco e muito mais! É um dos gerentes e assistentes comerciais forex mais avançados que você jamais encontrará! É a solução perfeita para traders que desejam uma maneira mais eficiente de gerenciar transações comerciais. Você pode baixar o manual do usuário em nosso blog:   https://www.mql5.com/en/blogs/post/751180 Você pode testar e
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BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry
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Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial ins
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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Trader mql5
1265
Trader mql5 2019.04.05 05:02 
 

This is a very good trend indy. I use it as an exit strategy as well when color of bars turns neutral, then wait if continuation is possible to re-enter or wait for trend change.

Ivan Butko
11554
Ivan Butko 2017.08.01 20:05 
 

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