Metatrader Indicator TREND forecasts the possible direction of the trend based on 4 screens concept. 4 rows of this indicator represent data from four timeframes: M5, M15, M30, and H1. 7 columns represent 7 last bars of each timeframe. Bar color indicates its type – bullish, bearish, or neutral. The rightmost column contains a summary of evaluation by poll. You should open a trade along the direction of the main trend determined by larger timeframes. Smaller timeframes allow determining when the trend retracement finishes.
Please be advised that any financial operations on Forex market maybe profitable and maybe non profitable. Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. |
