ASC Trend Indicator

ASC Trend Indicator

Forex BUY SELL signals from the best MT4 ASC trend indicator. Direction detector. Accurate trend indicator.

The ASC Trend Indicator is a simple indicator that tells you the direction of the trend. It follows the price momentum and tells you where the market is heading. The indicator also illustrates the trend reversal.

The indicator draws arrows on the chart to help you buy or sell points. The arrows comprise red and blue colors. The blue arrow emerges below the candlestick and tells the upward price trajectory.

On the other hand, the red color arrow appears on top of candlesticks and describes downward momentum.

The indicator takes the hassle off as it points out entry and exit points. When there’s a blue arrow, it’s a sell signal, while you can go long when there’s a red arrow.

When looking for the buy/sell signals, you should apply the indicator on longer timeframes, as the ASC indicator is prone to false signals on shorter timeframes.

ASC Trend Indicator BUY/SELL signals

The above GBP/USD chart H4 shows the BUY and SELL signals based on price momentum. In addition, the indicator plots red and blue arrows to identify market reversals.

The blue arrow always appears at the bottom, while the red arrow pops up at the top. The ASC Trend Indicator paints several arrows if the timeframe changes. It is sometimes difficult to detect market trends in a shorter timeframe. Therefore, one must look for the signals on higher timeframes.

The emergence of arrows tells when to exit the trade. For example, if the blue arrows appear, it’s time to exit the short trades. Conversely, if the red arrow appears, it’s time to exit the long positions.

Besides, you have to wait for the trend to develop before entering the trade fully. It’s because sometimes the trend is short-lived.

It’s important to understand that the indicator may occasionally repaint two consecutive arrows of different colors. As a result, it is important to wait for a trend to completely develop before taking positions.

The ASC MT4 indicator does reveal the market’s highs and lows, giving a clear indication of price patterns.

The arrows are an excellent pointer of a trend reversal. For example, the blue arrow suggests the reversal of a downtrend, while the red arrow marks the reversal of an uptrend. Plus, the indicator is easy to install and is free to download.

How the ASC Trend indicator is useful?
The indicator presents multiple BUY and SELL signals by drawing upward and downward arrows. The indicator presents clear entry and exit points through these arrows.

Is the ASC Trend indicator free to download?
Yes, the ASC Trend indicator is free to download.

Conclusion
The ASC Trend Indicator is a simple indicator that presents you with the direction of the trend. Furthermore, the indicator pinpoints key reversals to present the overall market momentum. In addition, the indicator is free to download, which makes it easily accessible for all forex traders.