
What is a single line super trend indicator? It’s a technical indicator used on MT4 terminal or other similar platform, which depicts trend calculations as a single line.
Custom Indicators For MetaTrader 4
General help section with additional information on the use of Meta Trader 4 terminal and the custom MT4 indicators featured on this website. We also share articles about various aspects of technical analysis performed on MT4.
Price action trading is a popular approach used in financial markets, particularly in forex and stock trading. It is a method of analyzing price movements and making trading decisions based solely on the price itself, without the use of indicators or other technical analysis tools. At its core, price action trading relies on the belief … Read more
What is a single line super trend indicator? It’s a technical indicator used on MT4 terminal or other similar platform, which depicts trend calculations as a single line.
The Hammer is a Japanese Candlestick that often forms in bullish reversal price patterns. It is a single candlestick that resembles a hammer.
Most professional traders know that following a strong trend can be very profitable. By being able to recognize a strong trend, traders can invest and enter the market with much greater accuracy and certainty. The only problem is identifying a strong trend and knowing when it ends in a live market.
Before you download a free MT4 trend indicator or any other free indicator for MetaTrader consider the possibility that the file will be corrupted or may include a trojan or other malicious code.
MT4 terminal is still one of the most commonly used electronic terminals dedicated to trading and technical analysis.
It has a huge following, especially among retail Forex margin traders.
MetaTrader 4, like any robust software for technical analysis and trading, offers many configuration options and advanced functionalities. As MT4 users progress in their understanding of the platform they may find it easier to navigate using MT4 keyboard shortcuts.
Essential technical and visual aspects of the trend indicator can be modified to suit one’s trading style or personal trading preferences.
Here is a breakdown of all the indicator’s settings and options with a brief explanation for each.
Surely you’ve seen MT4 charts where the price action is shifted to the left, allowing some additional space. Sometimes viewing the price action as it extends all the way to the end of the MT4 chart can be a bit more difficult. Especially when you use indicators and want to visualize which way it will go.
This article explains how pullbacks happen in the markets and also why they happen.
Naturally, we will also look at how traders can use pullbacks to their advantage.
This article was written specifically for users of TrendViper trend indicator, but any trader or analyst will find this information useful.