The Zwinner Trend Metatrader 4 forex indicator offers precise buy and sell trade alerts based on breakouts and market turning points.
The Zwinner Trend indicator is based on the breakout strategy of Support and Resistance levels.
The indicator is credited to Dr. Zain Agha.
The simple idea behind the Zwinner Trend indicator is that the market displays critical support and resistance levels.
When these levels are breached a change in direction of the trend is said to be looming.
Zwinner Trend is shown in a separate window as a horizontal lime and red signals that are used to depict bullish and bearish market sentiments respectively.
The EUR/USD M30 chart below displays the Zwinner Trend Metatrader 4 forex indicator in action.
Basic Trading Signals
Buy Signal: Go long when the lime colored horizontal signals of the Zwinner Trend indicator pops up within the indicator window.
Sell Signal: Go short when the red colored horizontal signals of the Zwinner Trend indicator gets displayed within the indicator window.
Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the Zwinner Trend indicator pops up a red horizontal signal.
Exit sell trade: Close all sell orders if while a bearish trend is running, the Zwinner Trend indicator puts on display a lime horizontal signal.
Tips: The Zwinner Trend MT4 indicator is quite popular for its amazing profit turn-around when plugged into the currency trading market.
It is left for traders to optimize this indicator to their advantage.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (gi_76, WingDingUp, WingDingDn), 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 zwinner-trend-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)