The Trend Lord Indicator Metatrader 4 forex indicator is a simple check angle of a moving average indicator.
The overall concept of the Trend Lord Indicator shows that if the trend is going up, Trend Lord becomes steel blue, and it becomes crimson if it is heading downwards.
The indicator is simply a moving average with the traditional primary methods and prices just plotted in a separate chart window.
The indicator is visually represented as a bar chart that sits at the bottom of the trading screen.
The bar chart is involved in making undulating motions that are keyed into the indicators changing color schemes.
- A buy signal occurs when the Trend Lord indicator becomes steel blue color.
- A sell signal occurs when the Trend Lord indicator becomes crimson color.
The AUD/USD H1 chart below displays the Trend Lord Indicator Metatrader 4 forex indicator in action.
Basic Trading Signals
Buy Signal: Go long when the Trend Lord Indicator Metatrader 4 forex indicator puts up a steel blue rising bar chart within the indicator window.
Sell Signal: Go short when the Trend Lord Indicator Metatrader 4 forex indicator displays its crimson falling bar charts within the indicator window.
Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the Trend Lord Indicator pops up a crimson bar chart.
Exit sell trade: Close all sell orders if while a bearish trend is running, the Trend Lord Indicator display a steel blue bar chart.
Tips: The Trend Lord Indicator is a technical tool that can obviously generate more winnings. It shows you how you can maximize your earnings.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (period), width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the trend-lord-indicator.ex4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)