The main idea – a connecting consistently the daily, weekly, monthly highs\lows by the trend lines to determine the direction of the market. In this case, the levels themselves highs lows also are plotted on the chart.
Thus, the indicator shows the most important levels and the current direction of movement within the higher timeframes (> H4).
MT4 Indicator Download – Instructions
iMaxMinTrends is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
iMaxMinTrends 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 iMaxMinTrends.mq4?
- Download iMaxMinTrends.mq4
- Copy iMaxMinTrends.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 iMaxMinTrends.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator iMaxMinTrends.mq4 is available on your Chart
How to remove iMaxMinTrends.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
MT4 Indicators Download below: