Precision Trend - Indicator - Free Forex MT4 Indicators | Forex Indicators Download | Forex Strategies (2024)

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Precision Trend - Indicator - Free Forex MT4 Indicators | Forex Indicators Download | Forex Strategies (2)

  • Josh white
  • August 22, 2019
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A well known “precision trend” indicator.

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Indicator is similar to some existing indicator, but there are some deviation which makes it justifiable to have it as a separate indicator. It tends to be a good indicator for trends. This version is the “regular” on chart version of the indicator coloring the bars according to the current “precision trend” state:

Precision Trend - Indicator - Free Forex MT4 Indicators | Forex Indicators Download | Forex Strategies (3)

MT4 Indicators – Download Instructions

[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install [post-title].mq4?

  • Download [post-title].mq4
  • Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on [post-title].mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator [post-title].mq4 is available on your Chart

How to remove [post-title].mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete
Precision Trend - Indicator - Free Forex MT4 Indicators | Forex Indicators Download | Forex Strategies (4)

MT4 Indicators Download below:

Precision trendDownload

Download this indicator for Free

MT4 Indicators – Download Instructions

[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install [post-title].mq4?

  • Download [post-title].mq4
  • Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on [post-title].mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator [post-title].mq4 is available on your Chart

How to remove [post-title].mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Download this indicator for Free

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FAQs

What is the most accurate trend indicator in MT4? ›

What are the most accurate MT4 indicators? The Moving Average (MA), Relative Strength Index (RSI), Bollinger Bands and Moving Average Convergence Divergence (MACD) are among the most accurate MT4 trading indicators.

What is the most downloaded forex indicator? ›

Here are some of the most popular forex indicators:
  • Moving average (MA)
  • Bollinger Bands.
  • Average true range (ATR)
  • Moving average convergence/divergence (MACD)
  • Fibonacci retracements.
  • Relative strength index (RSI)
  • Pivot point.
  • Stochastic.

How do I download custom indicators on MT4? ›

Guide on Installing Indicators on MT4 or MT5
  1. Click on File > Open Data Folder.
  2. Open MQL4 > Indicators.
  3. Copy the Indicator file into the Indicators folder. You may drag and drop the file or manually do CTRL+C, CTRL+V.
  4. Close the folder and then restart MT4 (close and then reopen MT4).

What is the most useful indicator in MT4? ›

Top 10 MT4 indicators for technical analysis
  1. Trend Magic Indicator. The Trend Magic indicator is a custom indicator available in MT4 that uses the Trend Magic algorithm to generate trade signals. ...
  2. Aroon Indicator. ...
  3. Gentor CCI. ...
  4. MA Channels FIBO. ...
  5. Fisher Indicator. ...
  6. Zigzag Indicator. ...
  7. DeMarker Indicator. ...
  8. Rate of Change Indicator.

What is the best indicator strategy for MT4? ›

Top indicators for MT4
  • A buy signal is sent to traders when the MACD line crosses the signal line from above, as an uptrend is expected.
  • A sell signal is sent to traders when the MACD line crosses the signal line from below, as a downtrend is expected.

Which trading indicator has the highest accuracy? ›

Which is one of the most accurate trading indicators? The most accurate for trading is the Relative Strength Index. It is considered one of the best momentum indicators for intraday trading. It helps investors identify the shares which are bought and sold in the market.

What indicator do most traders use? ›

10 most popular indicators for trading
  • Moving Average Convergence Divergence (MACD) ...
  • Stochastic Oscillator. ...
  • Bollinger Bands. ...
  • Relative Strength Index (RSI) ...
  • Fibonacci Retracement. ...
  • Standard Deviation. ...
  • Ichimoku Cloud. ...
  • Client Sentiment. IG client sentiment provides insights into the positioning of traders in a specific market.

What is the majority rule indicator strategy? ›

What is a Majority Rule Indicator ? It shows, in percent, the amount of days with rising prices in the chosen period of time and is often used to either confirm the trend of the underlying instrument or to signal an overbought or oversold.

What is the best indicator for scalping? ›

Top 5 Scalping Indicators and Strategies
  1. The SMA Indicator. The Simple Moving Average Indicator or SMA indicator is the most basic type of indicator traders rely on to device a trading strategy. ...
  2. The EMA Indicator. ...
  3. The MACD Indicator. ...
  4. The Parabolic SAR indicator. ...
  5. The Stochastic Oscillator indicator.

Where can I find MT4 indicators? ›

To install an indicator onto MT4, you'll need to copy the indicator file into a folder called 'indicators', which you'll find by clicking 'file' in the top navigation bar and then selecting 'open data folder'.

What is the best volatility indicator on MT4? ›

Using Keltner channels on MT4

The Keltner channel is one of the most popular indicators on MetaTrader 4 (MT4), which is mostly used by forex traders because the FX market is quite volatile. It has the functionality to automatically apply Keltner channels to your charts while using the platform.

How many indicators should I use in forex trading? ›

However, most trading opportunities can be easily identified with just one of four chart indicators. Once you know how to use the Moving Average, RSI, Stochastic, & MACD indicator, you'll be well on your way to executing your trading plan like a pro.

What is the best MT4 indicator for intraday trading? ›

Today's Compilation of the Great Intraday Trading Indicators.
  • Support & Resistance.
  • Order Block Breaker.
  • MACD 2 Line.
  • Elliott Wave Count.
  • Auto Trend Line.
  • Auto Fibonacci Retracement.
  • Better Volume 1.5.
  • Volume Profile.
Jan 31, 2024

What are the accurate trend indicators? ›

Popular trend indicators include the Bollinger Band, MACD, Relative Strength Index, On-Balance Volume (OBV) and the Parabolic SAR. Each trend indicator analyses prior asset data to forecast future pricing movements.

What is the better trend line indicator? ›

Better Trend Lines is a very simple and elegant indicator that signals uptrends, downtrends and market consolidation zones. Trade entries are signalled when the market breaks out of a consolidation zone, into a trending phase. Real breakouts will move fast and without a pullback, so trades are best entered “at market”.

What is the best trend analysis tool for forex? ›

Best Tools for Forex Analysis
  • RSI indicator.
  • MACD Indicator.
  • Bollinger Bands.
  • TradingView.
  • Trading Central.
  • Autochartist.

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