This indicator is called the Powerful Forex Trend Lines indicator for Metatrader 4.
This technical analysis tool finds powerful trend lines on any time frame and draws them directly on the chart.
How to use
In up trends: look for buy signals near the support trend line. In down trends: look for sell signals near the resistance trend line.
In range-bound markets: look to buy near the support trend line and look to sell near the resistance trend line.
Configurable Indicator Options
SR, MainRZZ, FP, SMF
GBP/USD H1 Chart Example
How to install the Powerful Forex Trend Lines custom indicator in Metatrader 4?
- Download the PowerupSlidnglines.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.