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Old 20-03-2018, 21:37
Metatrader Indicators Metatrader Indicators is offline
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Join Date: Sep 2017
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Default Trigger Lines Small & Large indicator for MetaTrader 4

Triggerlinesb1_small.jpg

This indicator is designed to be used along side your existing strategy. The Triggerlines help to provide information on the direction of the market. For the most part The large Triggerlines could be interpreted as the bigger trend (or Higher Timeframe Trend) and the small Triggerlines could be interpreted as the smaller Trend (or Current Timeframe Trend).

Pullbacks into the triggers would indicate and good area to consider an entry.

The more price hangs around the Triggerlines or penetrated them the weaker they get and could indicate a change in direction, refer to small Triggerlines to fine tune the entry.

I have found other "Triggerlines" indicator out there but I have found them to be inaccurate. This will match up to the NinjaTrader if put side by side with the exception of broker price difference of course.

You can use these on any Standard Timeframe

How to install Trigger Lines Small & Large indicator for MetaTrader 4.mq4?


    Download Trigger Lines Small & Large indicator for MetaTrader 4.mq4
    Copy Trigger Lines Small & Large indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
    Start or restart your Metatrader 4 Client
    Select Chart and Timeframe where you want to test your MT4 indicators
    Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
    Right click on Trigger Lines Small & Large indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Trigger Lines Small & Large indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Trigger Lines Small & Large indicator for MetaTrader 4.mq4 from your Metatrader Chart?


    Select the Chart where is the Indicator running in your Metatrader 4 Client
    Right click into the Chart
    "Indicators list"
    Select the Indicator and delete

Click here below to download:

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