Trend Lord Metatrader 4 Indicator
Trend Lord 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.
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.
EUR/USD Daily Chart Example