The ATrend Indicator is one of the best and most useful indicators in Forex.
The main function of this indicator is to detect changes in direction of the trend and it shows it as an alarm on the chart.
The ATrend indicator shows the new direction as it detects the trend by displaying an arrow on the chart.
Take a look at the image below (click to enlarge the image)
ATrend Indicator Description
This indicator is a filtering indicator. An arrow may appear on your chart but after a while it will be removed from your chart. This means that the indicator has realized that there is an error in its diagnosis and that’s why the previous arrow was deleted.
Therefore, we must be careful to use it along with another strategy or other indicators to filter the signals issued.
To download this indicator, use the link below and then uncompress the file and copy the contents to the MetaTrader 4 indicator folder.
Download Free ATrend Indicator
installation tutorial of the indicator in MetaTrader 4
How to install the indicator in MetaTrader 4? (tutorial)
⦁ To install the indicator in MetaTrader, first click on File from the top of the MetaTrader tab.
⦁ Then select the Open Data Folder menu from the menu openned
⦁ Open the MQL4 folder to install the indicator
⦁ And then copy and paste in the indicator folder.
⦁ Now close your meta trader and open it again.
In the relevant menu you will see that the indicator has been added to your list of indicators.
Just double-click on it in MetaTrader so that you can call and place it on the chart.