What is the Brooky Trend Strength Indicator for MT4?

The Brooky Trend Strength Indicator is a technical indicator that analysts use to measure the strength of a particular trend in the price of a currency. It is calculated by taking the difference between two moving averages: one for the long-term (e.g., ten days) and one for the short-term (e.g., one day).

Brooky Trend Strength Indicator

Download Free Brooky Trend Strength Indicator

The longer moving average is used as the starting point, and the shorter moving average is used as the ending point. The indicator measures how far away from its starting point the longer moving average is and how strong the current trend is. If the distance between these two points increases, it indicates a stronger current trend and will continue in the future.

How to use the Brooky Trend Strength Indicator for MT4?

The indicator looks at the price movement in a specific time frame and evaluates it based on three different factors:

1) The shape of the price movement – Is it trending up or down?

2) The speed of the price movement – How fast are prices moving?

3) The direction of the price movement – Is it strengthening or weakening?

The Brooky Trend Strength indicator provides a quick, visual way to gauge market sentiment and provide insight into how investors view a particular trend. It can monitor short-term market trends such as stocks, commodities, and currencies.

Brooky Trend Strength Indicator MT4 trading settings

The RSI has three different settings – signal, status, and equilibrium – each representing an extra level of strength. The sign indicates a rapid and pronounced uptrend in the underlying asset, while the rate suggests a more moderate uptrend with increased volatility and risk. Equilibrium means a balanced and stable trend in the underlying asset with little or no momentum.

Brooky Trend Strength Indicator Advantages

Advantages: The Brooky trend strength indicator is a reliable and easy-to-use tool that can help users monitor a particular market’s overall strength or direction. It provides an objective measure of the power of a given market trend, which can be helpful when determining whether to enter or exit a position in that market. Additionally, it can be used to identify possible turning points in a given market’s trend, helping users take appropriate action in those situations.

Brooky Trend Strength Indicator Disadvantages

However, there are some disadvantages to using this indicator. First, it cannot be easy to interpret for new traders. They may need time to understand why specific trends are strong or weak and how to trade accordingly.

Second, it is not infallible. Many factors affect currency exchange rates, including economic conditions, political events, and technical aspects like interest rates. So even if a particular currency is trending upward, that could change in a few months.

Brooky Trend Strength Indicator installation on MT4

The Brooky Trend Strength Indicator can be installed on MetaTrader 4 (MT4) by following these steps:

  1. Download the indicator file: You can search for the Brooky Trend Strength Indicator online and download it from a reputable source. The file should be in the “.mq4” format.
  2. Copy the indicator file: Once you’ve downloaded it, you’ll need to copy it to the appropriate folder on your computer. To do this, go to the folder where you installed MT4, then open the “experts/indicators” folder.
  3. Paste the indicator file: Right-click in the “experts/indicators” folder and select “Paste” to paste the indicator file you copied in step 2.
  4. Restart MT4: After you’ve installed the indicator, you’ll need to restart MT4 for the changes to take effect.
  5. Attach the indicator to a chart: To attach the hand to a chart, right-click on the chart, select “Indicators,” then select “Custom,” and finally select the “Brooky Trend Strength Indicator.”

You should now be able to use the Brooky Trend Strength Indicator on your MT4 platform. Note that if you have any issues installing the indicator or if it doesn’t work as expected, it’s best to seek assistance from the ‘shand provider or a professional software developer.

Brooky Trend Strength Indicator mt4

Brooky Trend Strength Indicator mt4 free download


The Brooky Trend Strength Indicator can be a helpful tool for detecting trends in the underlying currency or the market. By installing and using this indicator, you’ll be able to assess whether current conditions indicate an upward or downward trend. If you find the trend changing rapidly, it may be worth investigating further about potential reasons for these changes.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Telegram Channel | Quora | Reddit

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