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Indicator for MetaTrader
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Half Trend indicator
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Age 3+
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level: intermidiate
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English
Author's Instructions
The Half Trend Indicator for MetaTrader 4 indicator efficiently displays market trend directions. The indicator uses a main trendline to show whether the market is uptrend or downtrend. When candles stabilize below the trendline, the line turns red (indicating a downtrend), and when candles stabilize above the trendline, the line turns green (indicating an uptrend). Additionally, the indicator confirms the direction of price movements using uptrend and downtrend signals, helping traders make better decisions and identify optimal entry and exit points.
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Indicator for MetaTrader
-
Half Trend indicator
-
Age 3+
-
level: intermidiate
-
English
Author's Instructions
The Half Trend Indicator for MetaTrader 4 indicator efficiently displays market trend directions. The indicator uses a main trendline to show whether the market is uptrend or downtrend. When candles stabilize below the trendline, the line turns red (indicating a downtrend), and when candles stabilize above the trendline, the line turns green (indicating an uptrend). Additionally, the indicator confirms the direction of price movements using uptrend and downtrend signals, helping traders make better decisions and identify optimal entry and exit points.