Free Forex Indicators (MT4), Trend Following Indicators

T3 High-Low Activator MTF

T3 High-Low Activator MTF has been launched as a trend-following indicator, used to detect the market trends and signals for trade according to the trend direction of the market.

This tool uses a very simple way to demonstrate the trend signals so that traders with any level of experience will be able to understand its signals. Such simplicity of use may offer advantages for newbie traders.

T3 High-Low Activator MTF can be applied to trade all kinds of forex currency pairs available within the MT4 platforms. Besides it also suits all sorts of timeframe charts thus works for all types of trading styles.

T3 High-Low Activator MTF Overview

Download and install indicator into your MT4 system. Once you’re done, load it and find your trading chart like the image below:

T3 High-Low Activator MTF Overview

T3 High-Low Activator MTF Explanation

T3 High-Low Activator MTF applies a High-Low method over the selected period of past market data and comes with a dynamic trend line based on its calculation. A bullish trend is only confirmed when price holds its position above the indicator level.

T3 High-Low Activator MTF Explanation

It turns into a green color when the trend is bullish for better understanding. In the opposite way, price drops and remains below the indicator slope means the trend is bearish and the color of the indicator will turn into red automatically.

Also Check: Exness Review

T3 High-Low: Buy Conditions

T3 High-Low Buy Conditions
  • Price holds its position above the T3 Activator MTF level
  • The indicator turns into green color
  • Trigger a buy entry when the bullish trend is confirmed
  • Set stop loss below the indicator level
  • Exit long/take profit whenever the indicator turns into red color

T3 High-Low: Sell Conditions

T3 High-Low Sell Conditions
  • Price holds its position below the T3 Activator MTF level
  • The indicator turns into red color
  • Trigger a sell entry when the bearish trend is confirmed
  • Set stop loss above the indicator level
  • Exit short/take profit whenever the indicator turns into green color
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I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.