Easy Trend Visualizer

Easy Trend Visualizer is a MetaTrader indicator that does exactly what its name says. It shows where the trend begins, where it ends, and where there is no trend at all. It is based on standard MetaTrader ADX (Average Direction Movement Index) indicators and works quite fast. Easy Trend Visualizer displays itself in the main chart window. It offers a range of alerts: horizontal line appears, horizontal line cross, arrow up, arrow down, previous horizontal line cross (PHLC). Available for MT4 and MT5 platforms.

Input parameters

• ADXperiod1 (default = 10) — period of the first ADX indicator.

• ADXperiod2 (default = 14) — period of the second ADX indicator.

• ADXperiod3 (default = 20) — period of the third ADX indicator.

• UseAlertHorizontalLine (default = false) — issue a MetaTrader alert on horizontal line start.

• UseAlertUpDownArrows (default = false) — issue a MetaTrader alert when an up or down arrow appears.

• UseAlertHorizontalLineCrossCurrent (default = false) — issue a MetaTrader alert when a candle crosses the current horizontal line.

• UseAlertHorizontalLineCrossPrevious (default = false) — issue a MetaTrader alert when a candle crosses one of the previous horizontal lines.

• NumberPHLtoTrack (default = 0) — the number of previous horizontal lines to track for alert purposes. An alert will be issued when the price crosses one of the previous horizontal lines and closes above or below it.

• IgnorePHLShorterThan (default = 2) — the minimum length for the previous horizontal line to count it for for alert purposes. Lines with the length of 1 are not visible on the chart and will confuse you with unimportant alerts.

• PHLC_Arrow_Color (default = clrChocolate) — the color for the previous horizontal line cross alert arrows.

• CHLC_Arrow_Color (default = clrFireBrick) — the color for the current horizontal line cross alert arrows.

• NativeAlerts (default = true) — if true, native pop-up alerts will be generated by the indicator.

• SendEmails (default = true) — if true, alerts will also be sent via email. Email should be properly configured in MetaTrader via Tools->Options->Email.

• SendNotifications (default = true) — if true, alerts will also be sent via push notifications to your mobile device. Notifications should be properly configured in MetaTrader via Tools->Options->Notifications.

Be aware that this indicator redraws the current bar. So, it is not very wise to enter a position based on the signal of the current bar. Previous bars are not redrawn and can be used as the safe entry signals. Although Easy Trend Visualizer is quite accurate, there are many false signals. However, they should not be a real problem since a stop-loss level can minimize losses. You should also exit positions if the trend is over. The curly brown arrow marks the previous horizontal line cross.

Download (ver. 1.12, 2023-09-27)

• Easy Trend Visualizer for MetaTrader 4 in .zip

• Easy Trend Visualizer for MetaTrader 4 in .mq4

• Easy Trend Visualizer for MetaTrader 5 in .zip

• Easy Trend Visualizer for MetaTrader 5 in .mq5

Discussion

• Warning! If you do not know how to install this indicator, please read the MetaTrader Indicators Tutorial.

• You can open a trading account with any of the MT4 Forex brokers to freely use the presented here indicator for MetaTrader 4. If you want to use an MT5 version of the indicator presented here, you would need to open an account with a broker that offers MetaTrader 5. If you are with a cTrader broker, then you would need to download the cTrader version of the indicator above.