The Trend Lord indicator for MT4 follows the overall trend and provides buy and sell Forex signals.
Red bars indicate bearish pressure.
Blue bars indicate bullish pressure.
The indicator can be applied to all time frames.
Trading Signals
BUY: In uptrends: Go long at the first blue Trend Lord bar. Exit long trade at the first red bar.
SELL: In downtrends: Go short at the first red Trend Lord bar. Exit short trade at the first blue bar.
Use in conjunction with trend analysis tools to determine the primary trend. Don’t use Trend Lord against the primary trend.
Download
Download the Trend Lord.mq4 indicator.
EUR/USD Daily Chart Example
How to install the Trend Lord custom indicator in Metatrader 4?
- Download the Trend Lord.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.