Multi Trend Signal Indicator

Multi Trend Signal Indicator

Forex market trend signals from the best Multi Trend Signal Indicator for MT4. Find the trend’s direction through multiple indicators.

The Multi Trend Signal Indicator is an MT4 indicator that applies multiple indicators to find the trend’s direction. The indicators plot 9 popular indicators including ADX, RSI, MOM, CCI, OsMA, MACD, SAR, WPR, and MA. These indicators show blue and red arrows for the trend’s direction. The blue arrow signifies an uptrend, while the red arrow illustrates a downtrend.

All of these indicators with the exception of MA are oscillators and tell about the overbought/oversold levels. Another aspect of the Indicator is these indicators show the trend’s direction on multiple timeframes ranging from 1min to 1 month. So, you can apply the indicator on all timeframes.

How to use the Multi Trend Signal Indicator for MT4?

The above USD/JPY H4 chart shows the Indicator on the chart. The indicator doesn’t determine BUY/SELL signals; instead, it gives a picture of where the trend is heading, and in this way, you can use it for entering positions.

If most indicators are in an uptrend (showing blue arrows), you can look to go long. Conversely, if most indicators show red arrows, you can look to go short. However, the indicator can be prone to false signals, so applying other forms of technical analysis along with the Trend Signal Indicator is best.

Conclusion
The Multi Trend Signal Indicator for MT4 applies multiple indicators on multiple timeframes to determine the trend’s direction. These indicators complement each other and act as confirmations. You can try Multi Trend Signal Indicator for free by downloading it from our website.