Simpler Trend Indicator for MetaTrader 4: Enhancements and Adjustments

Mike 2017.09.25 17:18 12 0 0
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If you're on the lookout for a reliable trading tool, you might want to check out the Simpler Trend Indicator for MetaTrader 4. While there are plenty of indicators available, this one stands out due to its foundation on a well-regarded algorithm initially developed by Mladen Rakic. The latest version comes with several enhancements that have been directly influenced by user feedback.


Key Fixes and Improvements

  • Trading alerts: Get notifications right in your MT4 terminal, via email, or through push notifications.
  • Customizable alerts: Toggle each alert type on or off based on your preferences.
  • Streamlined color theme: Designed for clarity and ease of use.
  • Additional signal output: Now includes an extra signal buffer for clearer outputs.
  • Minor tweaks: Various small fixes to improve overall performance.


Adjustable Parameters

  • Average Period = 30 - defines the indicator period.
  • Sensitivity = 3 - adjusts the sensitivity to price movements.
  • Enable Alerts = false - switch alerts on or off in MetaTrader 4.
  • Enable Email Notification = false - toggle email alerts for trading.
  • Enable Push Notification = false - enable or disable push notifications for alerts.


Visual Examples


Recommendations

  • Remember, it's always good practice to combine signals from this indicator with other fundamental and technical analysis tools. Don't place all your bets on this indicator alone!


Thanks for reading and happy trading!


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