Forex Accurate Arrows Trend Helper MT4 Indicator

Forex Accurate Arrows Trend Helper MT4 Indicator:

About the Forex Accurate Arrows Trend Helper MT4 Indicator

A helper in identifying trend direction.

Best results in channels when trading from oversold/overbought levels. See comment #3.

This indicator can be used on all time frames and pairs.

H1 and higher recommended.

Best results when taking higher time frames into consideration for trend confirmation.

Alert functions.

Parameter TrendPeriod for the user to change.

 

How to use:

Simply attach to any chart.

Look at all time frames before entering a trade.

Not to be used on its own, as it provides aid to your strategy. It is your strategy. Use as you see fit.

Blue Arrows for buy entries.

Red Arrows for sell entries.

For those using┬áTrend Tracker Helper, I’ve given an example in comment #4.

Best results on Major Pairs, but can also be used on other pairs.

Important to note:

Please do not use this indicator on its own, but combine it into your strategy.

Always test your strategy on a demo account before using a new indicator on a live account.

You use this indicator at your own risk. Please apply money management wisely.

Don’t risk money you cannot afford to lose.

Test results:

Forex Accurate Arrows Trend Helper MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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