Easy Trend Visualizer Indicator

Easy Trend Visualizer Indicator

The Easy Trend Visualizer For MT4 is a forex trading tool that displays the directional bias of a trend and also the beginning/end of that trend.

The Easy Trend Visualizer indicator for MetaTrader is a dynamic forex trading tool built with 3 Average Directional Index (ADX) that gives a visual representation of different trend conditions. It comes with arrows and horizontal bars that signal the trend direction and the beginning/end of the trend.

The indicator’s arrows signal the potential beginning of a new trend, which also doubles as buy/sell signals. Conversely, the horizontal bars signal the potential end of the trend. In other words, it (the Easy Trend Visualizer) essentially guides you on when to open and exit a trade position. This suggests that the indicator would be useful to novice, intermediate, and advanced forex traders.

How to Trade With the Easy Trend Visualizer Indicator

The above image depicts the indicator’s action on an AUDUSD currency pair. It also shows how to combine the indicator’s signal with price action for better efficiency.

The buy signal (from the above image) was a high-probability setup because the price was already poised to move to the upside. Furthermore, the sell setup was also tenable because of the double tops and the bearish engulfing candlestick pattern at the entry zone.

Conclusion
The Easy Trend Visualizer indicator for MT4 is a great technical tool that would come in handy for scalpers, day/intraday, and swing traders in making sound trading decisions. Finally, it is free to download.