Trend Strength Metatrader 4 Indicator

The trend strength indicator measures the strength of the trend for any currency pair and displays it in a separated window below the main trading chart. The range goes from 10%(weak) up to 100%(very strong). The indicator works for all timeframe’s.

General Assumptions

Weak trend: 10% to 40%
Medium to strong trend: 50% to 70%
Very strong trend: 80% to 100%

Download

Download the Trend Strength Metatrader 4 indicator.

Configurable Indicator Options

N/A

EUR/USD Daily Chart Example

trendstrenght-mt4

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