About the Smart Trend indicator
The Smart Trend indicator is based on a colored trend line and a band. The colored line shows you the current market trend, the above band shows the overbought level and the lower band the oversold level.
You want to look for a buy trade if the indicator is in an uptrend (blue) and the price is in the oversold level (lower band). You want to look for a sell trade if the indicator is in a downtrend (red) and the price is in the overbought level (upper band).
This indicator does not repaint.
The full version has the possibility to send alerts, emails and push notification to your smart phone.
Below two buy entry signal examples. The left is a strong signal the right is a weak signal. In both cases you want to go long in the green area.
- Max Bars
Only Full version:
- Send Alert
- Send Email
- Send Push Notification
- Signal Mode: Close or High/Low
- Notify On Trend Change
- Notify On Strong Signal
- Notify On Weak Signal
The Signal Mode was added in version 1.01. If it is set to Close the indicator will send a notification if the candle closes in a strong or weak area. If it is set to High/Low, the candle only has to touch the signal area to send a notification.
MT4 free v1.00
MT4 full v1.01
Aug 18, 2016:
Added: Notify On Strong Signal and Notify On Weak Signal
Added: Choose between Close and High/Low for the Signal
Jun 13, 2016:
Initial release of the MT4 version
- Swing Trading Cloud
- Supertrend Candles
- Japanese Candlestick Patterns
- Smart Trend
- Wolfe Waves
- Super MACD
- Supertrend Plus
- Pivot Points
- Chart Overlay
- Heiken Ashi Smoothed
- Bands on RSI
- Tick Chart
- Colored Stochastic Oscillator
- Multi Pair RSI
- Triple Bollinger Bands
- High/Low Channel - Donchian Channel
- Colored Moving Average