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Doda-Trend – indicator for MetaTrader 4

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Old 01-03-2018, 14:59
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Default Doda-Trend – indicator for MetaTrader 4

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We all know how boring and frustrating is when we enter a market and after that it remains sideways i.e. with no clear trend. And above all, if the price goes opposite to your call. So, the solution is "Always enter the market in trending mode" and not in "range-bound mode". For that, I’ve coded this indicator based on ATR and STD. Shows clearly on bottom-left of screen the trend.

Please note that this indicator ONLY shows whether the market is sideways or trending. It does NOT show whether the trend is UP or Down. For getting buy or sell signals, I recommend to use Doda-Donchian indicator.

How to install Doda-Trend – indicator for MetaTrader 4.mq4?


    Download Doda-Trend – indicator for MetaTrader 4.mq4
    Copy Doda-Trend – 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 Doda-Trend – indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Doda-Trend – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Doda-Trend – 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:

Attached Files
File Type: zip Doda-Trend-indicator-for-MetaTrader-4.zip (739 Bytes)
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