The Easy Forex Trend Signal Visualizer indicator for MT4 indicator is a simple buy/sell signals arrow indicator that’s based entirely on the ADX indicator.
In order to improve the accuracy of the buy/sell trend signals, the indicator uses 3 different ADX periods (10, 14, 20).
The Easy Forex Trend Signal Visualizer indicator will keep providing signals in the overall direction of the trend.
So, it’s also an excellent indicator to scalp the market multiple times a day for 10-15 pips profit per trade.
This trend-following indicator can be used as a standalone or combined together with price action strategies.
Just load the Easy Forex Trend Signal Visualizer indicator onto the Metatrader 4 chart and start trading with it.
Key Takeaways
- A blue arrow represents a buy trade opportunity.
- A red arrow represents a sell trade opportunity.
- Good win rate.
- Works for any MT4 instrument.
Feel free to explore the Easy Forex Trend Signal Visualizer indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “easy-trend-visualizer.ex4” Metatrader 4 indicator
Indicator Example Chart (AUD/CHF H1 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The Easy Forex Trend Signal Visualizer MT4 Indicator
Buy Signal: Open a buy trade when the Easy Forex Trend Signal Visualizer prints a blue buy arrow on the chart.
Set your stop loss below the previous swing low price, or use your own favorite stop loss method.
Aim for 10-40 pips per trade, or use your own favorite take profit method.
Alternatively, exit the buy trade when the first red sell arrow appears on the chart.
Sell Signal: Open a sell trade when the Easy Forex Trend Signal Visualizer prints a red sell arrow on the chart.
Set your stop loss above the previous swing high price, or use your own favorite stop loss method.
Aim for 10-40 pips per trade, or use your own favorite take profit method.
Alternatively, exit the sell trade when the first blue buy arrow appears on the chart.
Download This Forex Indicator Now
Download the “easy-trend-visualizer.ex4” MT4 indicator
Adjustable Parameters
ADX period 1, ADX period 2, ADX period 3, colors, width, style.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.
