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Alpha Trend Prediction Forex Indicator

An easy to use trend prediction forex indicator for the Metatrader 4 platform. The Alpha Trend Spotter indicator predicts the trend for the next day or hour.

Trading Signals

Buy: Last bar must be green colored. Open a buy trade (1 day for daily timeframe, 1 hour for hourly timeframe).

Sell: Last bar must be red colored. Open a sell trade (1 day for daily timeframe, 1 hour for hourly timeframe).

No trade: Orange colored bar means sideways trend.

Indicator Preferences

Currency pairs: any

Preferred Time frames: 1 hour and daily

Sessions: any

Download

Download the alphatrendspotter.mq4 indicator.

Configurable Indicator Options

Daily Periode (default value: 5), Colors,…

EUR/USD H1 Chart Example

alpha-forex-trend-spotter-indicator

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