TrendViper MT4 Trend Indicator Free Download
No-repaint Forex Indicator For Finding And Following Trends In MetaTrader 4
Experience the informative on-screen Smart Display
The Smart Display window positioned on the right corner of your trading chart shows dynamic price information by every tick.
In addition, the Smart Display will give you immediate insights into trend position and candle direction on upper time frames.
As result, there is no need to track this information on separate charts.
Easy to follow strategy. No need to over-complicate your charts.
The beauty of the TrendViper indicator is that it is simple to use but also very versatile. Many novice traders over-complicate their trading charts, sometimes viewing more than 5 indicators at once.
In these type of a set ups some indicators will send conflicting signals and the user may feel mentally exhausted after each trading session.
When it comes to financial markets a simple strategy is often considered to be much more effective. Here is a brief look at a simple trading strategy that can be used with TrendViper.
1. Observe the two MA lines (fast MA and slow MA) and the histogram color change. When the fast MA (green line) crosses the slow MA (red line) it may be a potential trade. You will also receive a signal alert (arrow, popup, and email or push notification)
2. Confirm the signal with the Trend Power bar which represents the ADX level. Presence of at least one green bar indicates ADX level is above 25 and confirms the presence of a stronger trend.
3. Confirm the signal with the trend on upper time frames. If the trend on the upper time frame is the same, there is a greater probability that the trend will continue.
4. Finally, you can confirm the signal with the candle on upper time frames. If the candle shows the same direction of the trend, it might be a good time to enter.
- You must test this strategy on Demo Account
- Do not trade in news
- Do not risk more than 2% of your capital
- Withdraw your profits on time
- Recommended Forex Brokers: 1- OctaFx 2- Exness
- Recommended Best Forex Signals Providers: 1- Paid Forex Signals ( Telegram) 2- 1000Pip Builder
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