Hey traders! If you're looking to boost your trading game, let me introduce you to the TrendValue indicator. This nifty tool generates trading signals based on market trends, providing you with clear indicators when to make your moves.
To get started, simply drop the TrendValue.ex5 file into your MetaTrader 5's terminal_data_folder\MQL5\Indicators. Once it's set up, you’ll be ready to catch those signals!
In the tests featured below, we used the default settings for the Expert Advisor, and guess what? We didn't even touch the Stop Loss or Take Profit settings. This gives you a good idea of the raw potential of the TrendValue indicator.
Fig. 1. The instances of history of deals in the chart.
Here are the testing results for the USDCHF currency pair on the H4 timeframe for 2011:
Fig. 2. Chart of testing results
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