Best MT4 Trend Indicator is a NON-Repaint indicator system that gives easy-to-use buy/sell signals. It provides extraordinary trading assistance for its users.
The advantage of this free forex indicator is that it combines several indicators moves in multiple timeframes and is used in a single M30 timeframe display. So by looking at the exposure of the M30 we will be able to see all the long and trending trends.
Best MT4 Trend Indicator was designed to bring more ease and simplicity to your trading life. The advanced trading technology makes it even smarter and faster. Yet so easy to use. You won’t have any need to calculate the market as the software will do all of that for you.
Best MT4 Trend Indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
You can set the Best MT4 Trend Forex System to send you a signal alert via Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
Best MT4 Indicator can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1 minutes through to the 4-hour charts (But personally Recommend M30 TimeFrame).
Caterpillar Trend Strategy
This is the original technique in the Merdekarama Technique. This can be used for 10pip take-profit trading on M30 TF or for swing trading.
- Make sure Major Trend is blue.
- Followed by MACD is also blue.
- Then enter the trade if the neck of the caterpillar at the beginning of the trend.
(If the caterpillars have been out for a long time, for example, the other 3 new candles are the same color then enter at the beginning of the candle too.)
- If the candle has moved more than 4 candles, try to avoid making a trade
- Stop Loss can be placed under the tail of a caterpillar. If using a trailing stop make sure it matches the pair used.
For the SELL order, it is the opposite of the BUY example.
Best MT4 Trend Indicator Download HERE
- Read More EA VST V5 – [Cost $199] – For Free