Trend Strength

📸 Gallery

Add Wishlist

Trend Strength Indicator
Best arrow paint indicator. Trend strength indicator for MT4 – download free. Forex momentum signal indicator.

CATEGORIES: TREND, MT4, SIGNAL, INFORMATIONAL
Updated on: 26.10.2023

The Trend Strength indicator for MT4 is a momentum indicator that shows the strength of a Forex trend. This tool can help you as a Forex trader to keep a tab on the momentum of the market. It gives a clearer picture of the market’s biases – be it uptrend, downtrend, or ranging.

Some Forex traders (especially the technical traders) find it somewhat difficult to identify the strength or weakness of a trend. Without such vital knowledge, a trader is bound to struggle! With this Trend Strength indicator, you have little to worry about the movements of the market. This is because it automatically analyses and displays the momentum of the trend.

Hence, you can interpret and make informed trading decisions in sync with the displayed result. This indicator helps you to know when to open a trade, hold a position, or exit depending on the market condition. So essentially, this indicator is designed to reflect the direction of the trend and its strength as well.

How to Trade with the Trend Strength Indicator for MT4

This indicator is trend following. It is pretty easy to install and use. It shows you the strength of a trend in percentages which ranges from 10-100%. The indicator is built with green and red arrows (both at 10% by default) to indicate the beginning of a new trend. It paints new arrows marked in percentage as the trend progresses.