Easy Trend Visualizer

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. Available for MT4 and MT5 platforms.

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.
  • UseAlertPriceHLCross (default = false) — issue a MetaTrader alert when price crosses a horizontal line and closes above or below it.
Easy Trend Visualizer Indicator Example MetaTrader Chart

You should be warned that this indicator redraws the current bar. So, it is not very wise to enter a position based on the signal of the current bar. Previous bars are not redrawn and can be used as the safe entry signals. Although Easy Trend Visualizer is quite accurate, there are many false signals. However, they should not be a real problem since a stop-loss level can minimize losses. You should also exit positions if the trend is over.

Downloads

Easy Trend Visualizer for MetaTrader 4 in .zip

Easy Trend Visualizer for MetaTrader 4 in .mq4

Easy Trend Visualizer for MetaTrader 5 in .zip

Easy Trend Visualizer for MetaTrader 5 in .mq5

Discussion

Warning! If you do not know how to install this indicator, please read the MetaTrader Indicators Tutorial.

Do you have any suggestions or questions regarding this indicator? You can always discuss Easy Trend Visualizer with the other traders and MQL programmers in the indicators forum.