Easy Trend Visualizer

Easy Trend Visualizer MetaTrader indicator — this indicator does exactly what its name is telling you. It shows where the trend begins, where it ends and where there is no trend at all. It's 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.

You should be warned that this indicator redraws the current bar. So, it's not very wise to enter a position based on the signal of the current bar. Previous bars aren't redrawn and can be used as the safe entry signals. Although Easy Trend Visualizer is quite accurate there are many false signals. But they shouldn't 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! Before you ask any basic questions regarding installation of the indicators, please, read this MetaTrader 4 Indicators Tutorial or MetaTrader 5 Indicators Tutorial to get the elementary knowledge on handling them.

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