Graphically display current trend for all time frames in one simple panel MetaTrader 4 Forex Indicator its a graphical indicator based on slope-direction-trend indicator that has been published under several other forms.
There has been several versions of this indicator published already but none that displayed all time frames in a single graphical panel on your screen.
It’s made it in to a graphical panel displaying all time frames and made a few slight modifications to the original code. One of them is that it allows the user to select the second moving average method used for smoothing. The original code used Linear Weighted for its second pass on the numbers whereas I give the user the option to choose the method for smoothing. When using Linear Weighted for both calculations, it makes the indicator too responsive and thus possibly giving false readings on the current trend. If we use Simple as the second averaging method we get a trend that is more indicative of where the price is going.
Another change that I have made is the ability to not only get the direction of the trend (up, down or flat) but also get its value. I will talk about this in another article I plan on publishing shortly on how to use a double SlopeDirection indicator and create a Expert Advisor with it.
Graphically display current trend for all time frames in one simple panel MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
Graphically display current trend for all time frames in one simple panel – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How To Install Graphically display current trend for all time frames in one simple panel MT4 indicator for MetaTrader 4.mq4?
Download indicator for MetaTrader 4.mq4Copy GGraphically display current trend for all time frames in one simple panel MT4 to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on Graphically display current trend for all time frames in one simple panel MT4 for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Graphically display current trend for all time frames in one simple panel MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete
Related Indicator: PivotCustomTime MetaTrader 4 Forex Indicator
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