easy trend visualizer mt4

easy trend visualizer mt4
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easy trend visualizer mt4

Info

The easy trend visualizer mt4 is a Indicator for MetaTrader 4 that easy trend visualizeris a metatrader indicator that does exactly what its name says. it shows where the trend begins, where it ends, and where there is no trend at all.

Usage

This tool is typically used for trend following strategies across multiple currency pairs.

Platform

This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.


How to Install and Use easy trend visualizer mt4

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

easy trend visualizeris a metatrader indicator that does exactly what its name says.

Typical Use Case

This Indicator excels in trend following on MetaTrader 4.

Compatible Platform & Setup

This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.

Description & Settings

Related: instantaneous trendline filter indicator - another powerful indicator for MetaTrader 4 traders.


easy trend visualizer
is a metatrader indicator that does exactly what its name says. it shows where the trend begins, where it ends, and where there is no trend at all. it is based on standard metatrader adx (average direction movement index) indicators and works quite fast. easy trend visualizer displays itself in the main chart window. it offers a range of alerts: horizontal line appears, horizontal line cross, arrow up, arrow down, previous horizontal line cross (phlc). available for mt4 and mt5 platforms.

Also recommended: i trend indicator suite - similar indicator with strong performance on MetaTrader 4.

input parameters

adxperiod1
(default = 10) — period of the first adx indicator.

adxperiod2
(default = 14) — period of the second adx indicator.

adxperiod3
(default = 20) — period of the third adx indicator.

usealerthorizontalline
(default = false) — issue a metatrader alert on horizontal line start.

usealertupdownarrows
(default = false) — issue a metatrader alert when an up or down arrow appears.

usealerthorizontallinecrosscurrent
(default = false) — issue a metatrader alert when a candle crosses the current horizontal line.

usealerthorizontallinecrossprevious
(default = false) — issue a metatrader alert when a candle crosses one of the previous horizontal lines.

numberphltotrack
(default = 0) — the number of previous horizontal lines to track for alert purposes. an alert will be issued when the price crosses one of the previous horizontal lines and closes above or below it.

ignorephlshorterthan
(default = 2) — the minimum length for the previous horizontal line to count it for for alert purposes. lines with the length of 1 are not visible on the chart and will confuse you with unimportant alerts.

phlc_arrow_color
(default = clrchocolate) — the color for the previous horizontal line cross alert arrows.

chlc_arrow_color
(default = clrfirebrick) — the color for the current horizontal line cross alert arrows.

nativealerts
(default = true) — if true, native pop-up alerts will be generated by the indicator.

sendnotifications
(default = true) — if true, alerts will also be sent via push notifications to your mobile device. notifications should be properly configured in metatrader via tools->options->notifications.

You may also like: trend manager open2: enhancing trading efficiency - excellent alternative for indicator users on MetaTrader 4.

Source Code

#property version   "1.12"
#property strict
#property description "Educational code - RobotFX www.robotfx.org"
#define Alvl 35.0
#define Alvl2 30.0
#property indicator_chart_window
#property indicator_buffers 5
#property indicator_color1 clrRed
#property indicator_color2 clrSteelBlue
#property indicator_width1 2

.......

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Limitations & Risk Warning

  • This tool is provided for educational and testing purposes only.
  • Past performance does not guarantee future results.
  • Trading involves substantial risk of loss. Use on a demo account first.
  • Results may vary depending on market conditions, broker, and settings.
  • We recommend thorough backtesting and forward testing before using with real funds.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.