The Only Forex & Stocks TREND REVERSAL Trading Indicator You Will Ever Need

The Only Forex & Stocks TREND REVERSAL Trading Indicator You Will Ever Need (Half Trend indicator). Half Trend Indicator is one of the best trend following indicator, which provides the online traders with the accurate trend direction. This non-repainting Metatrader 4 indicator gives BUY and SELL signals with an arrow.

The half trend indicator uses moving averages to calculate the accurate signals. As a trend following indicator, traders can apply it on any time frame to trade intraday successfully. As the indicator provides live entry and exit arrow signals with no repaint, traders consider it the best trend trading tool.

 

• Download “ForexWOT-HalfTrendReversalSignals” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT-HalfTrendReversalSignals.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT-HalfTrendReversalSignals” trading system and strategy.
• You will see the “ForexWOT-HalfTrendReversalSignals” is available on your Chart.

 

Additionally, the Half Trend indicator indicates the trend strength. In the absence of a trend, the indicator stays flat. However, if there is a trend, then the indicator slopes towards that direction.

The steeper slope indicates the presence of a strong trend. During a strong uptrend, the indicator turns BLUE in color with a steep upward slope. On the other hand, the indicator turns RED color with a steep downward slope during a strong downtrend.

 

For a SELL Situation, the price has to be below the indicator. And the indicator color should be RED, and the RED arrow’s appearance will validate a SELL Signal.

 

For a BUY situation, firstly, the price has to go above the indicator. Secondly, the indicator has to be in BLUE color. Thirdly, the BLUE color arrow signal must appear from below the indicator.

 

The half trend indicator provides all the necessary aspects for trend trading. This indicator provides accurate entry and exit signals combined with trend strength. This indicator provides the best arrow signals with no repaint. Since it is a non-repainting indicator, it is a very reliable tool.