The FX Trender forex indicator for Metatrader 4 is an intelligent trend following oscillator that really works!
FX Trender oscillates above and below the neutral 0.00 level.
- A bullish trend occurs when the FX Trender signal line is aligned above the neutral level.
- A bearish trend occurs when the FX Trender signal line is aligned below the neutral level.
In order to wipe out false signals, FX Trender uses a neutral zone area (between the two two red lines).
This is called the “no trading zone”.
- Above the no trading zone, traders look for buy trade opportunities.
- Below the no trading zone, traders look for sell trade opportunities.
FX Trender can be used for scalping, day trading and swing trading.
For scalping purposes, use the indicator during the London and New York trading sessions.
Trade low spread forex pairs to yield maximum performance.
Basic Trading Signals
Signals from the FX Trender MT4 indicator are easy to interpret and goes as follows:
Buy Signal: Open long trade when FX Trender crosses above the upper red line from below (bullish signal). Place a stop-loss below support.
Sell Signal: Open short trade when FX Trender crosses below the lower red line from above (bearish signal). Place a stop-loss above resistance.
Trade Exit : Use your own method of trade exit.
BECOME A VIP MEMBER TODAY AND GET INSTANT ACCESS TO ALL FILES
All Direct Download Links – No Waiting Time – No Captcha – No Ads
In order to see all download links and hidden content you have to be our member.
Or Buy This EA or Indicator Only For $19.00
If you have any questions please contact us