Free Forex Indicators (MT4), Trend Following Indicators

Trend Reversal Indicator MT4

Trend Reversal Indicator has come up with the greatest idea to plot the best possible Forex trading signals by keeping the chart neat and clean. It gives you a very relaxing look at your trading chart and keeps your Forex trading operations simpler than ever.

Trend Reversal Indicator suits with all Forex currency pairs and can match with all kind of time frame charts. Thus, from newbie to professionals and from scalpers to long-term Forex day traders, everybody can be benefited from this one of the very best trend following Forex indicator.

Trend Reversal Indicator Overview

Once you are done with the installation of Trend Reversal Indicator at your Forex mt4 platform, your trading chart should be appeared as the following image:

Trend Reversal Indicator
Trend Reversal Indicator

Trend Reversal Indicator generates the trend signal using a crossover of two modified moving average systems in a separate window. These average levels are called the MKNC4. The blue average level is called the fast MKNC4 and the slow MKNC4 is plotted as red levels. Whenever the fast MKNC4 crosses above the slower MKNC then it is considered as the bullish crossover signaling a buy entry t the market. On the other hand a bearish crossover occurs when the slow MKNC4 crosses and holds above the fast one. In such scenario, you should be ready to sell at the market to join the bearish rally.

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Trend Reversal Indicator: Buy Parameters

Trend Reversal Indicator Buying Parameters
Trend Reversal Indicator Buying Parameters
  • Fast MKNC4 moves above the slow MKNC4 plotting a bullish crossover
  • A bullish candle is formed at the same time
  • Buy at the break of the respective bullish candle’s high
  • Set stop loss below the signaling candle’s low
  • Take profit whenever MKNC4s plot a bearish crossover

Trend Reversal Indicator: Sell Parameters

Trend Reversal Indicator Selling Parameters
Trend Reversal Indicator Selling Parameters
  • Fast MKNC4 moves below the slow MKNC4 plotting a bearish crossover
  • A bearish candle is formed at the same time
  • Sell at the break of the respective bearish candle’s low
  • Set stop loss above the signaling candle’s high
  • Take profit whenever MKNC4s plot a bullish crossover
Free Download Trend Reversal Indicator MT4
Free Download Trend Reversal Indicator MT4
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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.