The Trigger Line Indicator for MetaTrader is a simple technical tool used to detect trade entries/exits in a trending market. This trend-based indicator is integrated with the R-period and Least Squares Moving Average (LSMA), the element responsible for determining price diversity.

The indicator gives trading signals when the Trigger Line is crossed and their color changes. The color change is used to determine the current market trend, which also serves as an entry/exit.

The indicator is very sensitive to price changes and checks for potential short-term reversal zones for a possible trade entry. This will help you make an informed trading decision about when to open a trade or cut your losses.

The Chandelier Exit indicator helps the forex traders stay in the trend as long as possible and avoid early exits. The indicator uses a volatility based calculation using the ATR – Average True Range and provides a reliable trailing stop loss. Also, the indicator provides the best entry points upon crossover of the indicator and price. Using the ATR – Average True Range multiplier, traders can further customize the indicator to suit different trading instruments. As a result, this Metatrader indicator provides all necessary inputs to trade the trend successfully.

How to BUY and SELL using the Chandelier Exit MT4 Indicator?

Trend lines are one of the key tools of classical technical analysis and used by nearly all traders. This is because they can be easily drawn and prove to be very efficient. However, the lines often cause some misunderstandings among traders due to the following factors: frequent redrawing of trend lines, false or true breakouts, and too many trend lines that can be drawn using extremes. Therefore, drawing a valid trend line can be problematic both for experienced and newbie traders. The Auto TrendLine indicator will help you tackle this issue.

Unfortunately, some standard MT4 indicators are not well enough geared to analyze changing situations in the Forex market. That’s not just because of the rise in the number of real participants, but also the use of robots and algorithms during trading.
As such, we offer you to learn about the free custom indicator MACD2Line, which is an updated and improved version of the standard MetaTrader 4 MACD oscillator.

Contents:
1. Description
2. Features
3. Trading signals (alerts)
4. Settings

Trend lines are one of the key tools of classical technical analysis and used by nearly all traders. This is because they can be easily drawn and prove to be very efficient. However, the lines often cause some misunderstandings among traders due to the following factors: frequent redrawing of trend lines, false or true breakouts, and too many trend lines that can be drawn using extremes. Therefore, drawing a valid trend line can be problematic both for experienced and newbie traders. The Auto TrendLine indicator will help you tackle this issue.

The Trinity impulse indicator for MT4 combines the classic CCI Indicator and Force indicators to provide best forex momentum trading signals. The CCI measures the difference between the current price and an average of “n” periods, while the Force indicator measures the bulls power. So, a combination of these indicators provides effective and profitable forex trading signals.

The indicator is a simple oscillator and works well for new and advanced forex traders. Moreover, it works on all intraday price charts and long term charts. Additionally, traders can use this indicator for the confirmation of trading signals of other technical indicators.