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Trend Strength Metatrader 4 Indicator

The trend strength indicator for MT4 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 time frames.

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.mq4 indicator.

Configurable Indicator Options

N/A

EUR/USD Daily Chart Example

trendstrenght-mt4

How to install the Trend Strength custom indicator in Metatrader 4?

  • Download the Trend Strength.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.