Forex Trend Filter MT4 Indicator

This indicator can be used as a trend filter in order to follow the overall trend of any currency pair.

A long trade will be initiated when the the overall trend goes up and the indicator changes color from dark orange to lime green.

On the contrary, a short trade will be initiated when the the overall trend goes down and the indicator changes color from lime green to dark orange.

Trading Signals

Buy: Lime green colored bars. Look to buy when the overall trend of the currency pair is bullish.

Sell: Dark orange colored bars. Look to sell when the overall trend of the currency pair is bearish.

Indicator Preferences

Currency pairs: any

Time frames: any

Trading sessions: any

Download

Download the Forexprofitsupremefilter.mq4 indicator.

Configurable Indicator Options

Colors, smooth period, smooth phase, alerts (sound, email, message),…

GBP/USD H1 Chart Example

forex-trend-filter-indicator

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