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Trend Suite
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"Trend Suite" - A Versatile MT4 Trend Indicator

Description:

"Trend Suite" is a highly customizable MT4 indicator designed to visually represent market trends. It offers flexible display configurations, including:

  • Band: A filled band visually highlighting the trend's range.
  • Line: Displays trend lines for High, Low, and Center, with options for customization.
  • Solid: Provides a solid color fill for advanced chart presentations.

This indicator allows you to:

  • Visualize Trends: Easily identify and track the direction and strength of market trends.
  • Customize Appearance: Adjust period, type (EMA or SMA), line colors, widths, and styles to suit your preferences.
  • Flexible Display Modes: Choose from Band, Line, or Solid display options for optimal chart readability.

Instructions:

Installation:

  • Save the "Trend Suite.mq4" file to your MetaTrader 4's "MQL4\Indicators" folder.
  • Restart your MetaTrader 4 platform.

Adding to Chart:

  • Open the chart of the desired currency pair.
  • Navigate to "Insert" -> "Indicators" -> "Custom" and select "Trend Suite."

Customization:

  • Trend Period: Set the period for the moving average calculation.
  • Trend Type: Choose between EMA (Exponential Moving Average) or SMA (Simple Moving Average).
  • Display Mode: Select "Band," "Line," or "Solid" based on your preferred visualization.
  • Color and Style: Adjust line colors, widths, and styles for each element within the "Line" display mode.
  • Configuration Label: (Optional) Enable the "Show_Configuration_Label" option to display the indicator's settings directly on the chart.

Usage:

  • Analyze Trends: Observe the indicator's output to identify the prevailing market trend.
  • Identify Potential Trade Entries/Exits: Use the trend direction and strength to make informed trading decisions.
  • Combine with Other Indicators: Integrate "Trend Suite" with other technical indicators for a more comprehensive market analysis.

Disclaimer:

  • This indicator is for informational purposes only and does not guarantee trading profits.
  • Trading in the forex market involves significant risk and may not be suitable for all investors.

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Published:

21 Jan, 2025 10:59 PM

Version:

v1.0

Files Included:

Yes

Source Code Included:

Yes

Instructions Included:

Yes

Tags:

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