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

The change in market sentiment is calculated at the user’s request based on one of the fourteen basic indicators included in the standard MT4 package, and affects the color of the trend line.

At the user’s request, the colored bars, arrow pointers, and reference information, both together and separately, may not be displayed on the chart, and the arrow pointers may be simple and/or synergistic at the same time.

The analyzer can notify the user by e-mail about the appearance of an arrow pointer on the last two bars: the current one and the previous one.

Example of an e-mail notification:

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

Example of an e-mail notification:

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

You can see how the analyzer works in the attached video.

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The indicator can be used for manual or automatic trading as part of an Expert Advisor. For automatic trading, the readings of indicator buffers of the double type can be used:

When intraday trading on the current timeframe, after waiting for the correction to end, it is recommended to trade in the direction of the main trend on the higher timeframe (for example, in the direction of the trend on the daily chart).

Trading is not excluded when signals appear in both directions as well.

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