Trend Following Indicators, Free Forex Indicators (MT4)

XTC Trend Following Forex Indicator

XTC Trend Following Forex Indicator is a fantastic forex trading indicator designed for serious traders. Traders love XTC Trend Following Indicator because of its simplicity.

It is very easy to understand and implement in the market to make real money. This forex trading indicator is best when used with other trend indicators like moving average, parabolic SAR, etc.

This indicator can be used as a confirmation indicator rather than a signal-generating indicator. A combination of the 21-day exponential moving average and this indicator will reward the traders.

XTC Trend Following Indicator Overview

Time FrameCurrency PairsName of IndicatorRating
Above 5 minuteAnyXTC Trend Following9.5/10

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

XTC Trend Indicator

About XTC Trend Following Indicator

XTC Trend Following Indicator is actually way simple than most people think. It is just a histogram that 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 a 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
  • The market rate should be up-trending.
  • The market rate should be bouncing following support.
  • XTC Trend Following Indicator should form a 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 the 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
  • The market rate should be down-trending.
  • The market rate should be retracing following resistance.
  • XTC Trend Following Indicator should form a 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 the XTC Trend Following Indicator histogram turns blue (positive).
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.