100% Free Forex
Daily Trend (with arrows) metatrader4 Indicator
This great indicator gives you a lot of useful information,
and mostly used to avoid trading against a current trend.
Remember? Trend is your friend.
- Indicator shows arrows on Your chart when trend
changes.
- Indicator shows up to 6 currency pairs daily trend.
Use only on 1 hour timeframe, because it uses
indicators of 1H chart. On other timeframes select ShowArrows=false
in settings.
If You do not want to show trend of other pairs, just delete symbol names
in settings.
Best to trade on smaller timeframes (M30, M15, M5,
M1).
Best to use with default settings.
Use this indicator as daily trend indicator. (not as a signal
indicator...but you can still try...)
PLEASE DON'T FORGET to
EMAIL ME and let me know if you like the indicator
Here is Forex daily trend indicator.
This indicator avoids consolidations and is used as a trend
filter
- do not trade against a trend!
You will be able to choose
6 currency pairs to show daily
trend. Also, indicator display corner and coordinates X and
Y.
It is recommended to use this trend indicator in trading on
smaller timeframes (such as 1M, 5M, 15M, 30M).
Trend is determined by 3 in 1 (used together mt4) indicators.
warning: The indicator works fine on LATEST
METATRADER4 version (may NOT work on older versions!)
DOWNLOAD
FxDailiyTrend (right click - SAVE AS..)
Attention: If you
have a problem attaching the indicator (crash or error..) - make sure
that you have latest metatrader4 version 4.00 build 409 installed ( new
version update
is available - run mt4 live update) - this will fix all the mt4 errors and
crashes.
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Happy trading
Karl
SOURCE: the indicator is available for free on some open Forex sources.
