Free Forex Indicators (MT4), Trend Following Indicators

XTC Trend Following Forex Indicator

XTC Trend Following Forex Indicator is a fantastic forex trading indicator designed for the serious traders out there. XTC Trend Following Indicator is loved by traders because of its simplicity. It is very easy to understand and to implement in market to make real money. This forex trading indicator is best when used other trend indicators like moving average, parabolic sar, etc. This indicator can be used as a confirmation indicator rather than signal generating indicator. A combination of 21-day exponential moving average and this indicator will be very rewarding to the traders.

XTC Trend Following Indicator Overview

Time Frame Currency Pairs Name of Indicator Rating
Above 5 minute Any XTC Trend Following 9.5/10

 After you successfully install XTC Trend Following Indicator in your metatrader it will look somewhat like this:

XTC Trend Indicator
XTC Trend Indicator

About XTC Trend Following Indicator

XTC Trend Following Indicator is actually way simple than most of the people think. It is just a histogram which is designed using complex algorithms. When the XTC Trend Following indicator histogram is red (or negative) it is a warning that you should sell the currency. Likewise when you see positive histogram it is an indication that you should be buying the currency. That’s it! This is the only thing you should know about this forex trading indicator.

 XTC Trend Following Indicator: Buy parameters

XTC Trend Indicator Buy Parameters
XTC Trend Indicator Buy Parameters
  • Market rate should be up trending.
  • Market rate should be bouncing following a support.
  • XTC Trend Following Indicator should form blue (positive) histogram.
  • Buy at the market price once all of the above parameters are met.
  • Adjust your stop loss below the recent support level.
  • Take your profit when XTC Trend Following Indicator histogram turns red (negative).

Must Read: Forex Double Supertrend Trading System MT4

XTC Trend Following Indicator: Sell Parameters

XTC Trend Indicator Sell Parameters
XTC Trend Indicator Sell Parameters
  • Market rate should be down trending.
  • Market rate should be retracing following a resistance.
  • XTC Trend Following Indicator should form red (negative) histogram.
  • Sell at the market price once all of the above parameters are met.
  • Adjust your stop loss above the recent resistance level.
  • Take your profit when XTC Trend Following Indicator histogram turns blue (positive).
Download XTC Trend Following Indicator
Download XTC Trend Following Indicator

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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.