Like RSI and DeM, but more sensitive. Use the same way.
Because of simplicity, would not be surprised that such an indicator exists under a different name: 0)
MT4 Indicator Download – Instructions
Simple Trend Detector is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Simple Trend Detector 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 Simple Trend Detector.mq4?
- Download Simple Trend Detector.mq4
- Copy Simple Trend Detector.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 Simple Trend Detector.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Simple Trend Detector.mq4 is available on your Chart
How to remove Simple Trend Detector.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: