Trend Mirror Metatrader 4 Indicator
Trend Mirror is a trend following indicator based on moving averages. The red line crossing above the blue line indicates bullish trend. On the contrary, the blue line crossing above the red line indicates bearish trend.
BUY: In uptrends: Entry BUY after Red Line crossing up the Blue Line and exit before the Red Line crossing down the Blue Line.
SELL: In downtrends: Entry SELL after Red Line crossing down the Blue Line and exit before the Red Line crossing up the Blue Line.
Use in conjunction with trend analysis tools to determine the primary trend. Don’t use Trend Mirror against the primary trend.
USD/JPY Daily Chart Example