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Trendsignal Indicator MQL5

The Trendsignal index displays buy/SELL arrows onto candlesticks and issues alarms for guide trading.

application. The indicator can work on most of pairs, in addition to on commodity markets, and on almost any timeframe. On fairly substantial timeframes (H1 or H4), a trend-following strategy can be used.

The entry in the near of the candle on the sign appeared allows the indicator to follow the trend. also set take profit and stop loss. If the price has n’t attained the set values, close the transaction on the opposite sign.

outcomes. You can make 50 pips on each sign on H1. The indicator has a favorable ratio of risk to potential profit.

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