ASC Trend for MT4 provides Forex trading signals for all currency pairs and time frames.
Preferred risk setting:10 (default value: 3).
Open the indicator input settings to modify risk settings.
Trading Signals
BUY: In uptrends: Buy at the Aqua arrow. Place stop-loss below the most recent support area.
SELL: In downtrends: Sell at the Magenta arrow. Place stop-loss above the most recent resistance area.
Use in conjunction with trend analysis tools to determine the primary trend.
Don’t use ASCTrend indicator against the prevailing trend.
Download
Download the ASCTrend Signals.mq4 indicator.
EUR/USD Daily Chart Example
How to install the ASCTrend Signals custom indicator in Metatrader 4?
- Download the ASCTrend Signals.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.