Forex Off Trend

Forex Off Trend is a trend indicator that draws two lines on the main blue and red chart.

When the red line crosses the blue line upwards there is a purchase condition, when the red line crosses the red line down there is a sales condition. The Forex Off Trend indicator is suitable for all time periods and can be used on all financial instruments, it can be used as a filter for other indicators.

Recommended time frame is 15 minutes or higher.

The indicator do not redraw.

Best setting for Forex Off Trend

SSP period 7

Kmin 1.6

Kmax 50.6.

Unzip the Forex Off Trend.zip.

The indicator file is: Forex OFF Trend (for 5 digits broker);

Step 1: Copy the indicator file EX4 into your /experts/indicators/ folder.

This folder is a folder of the MetaTrader trading platform.

Examples:

If you are using the Alpari MetaTrader broker, the folder will be at

C:\Program Files\MetaTrader - Alpari\experts\indicators

If you are using the FXDD broker, the folder will be at

C:\Program Files\FXDD – MetaTrader 4\experts\indicators\

Step 2: Open the MetaTrader platform, and click on View -> Navigator.

You can also click on CTRL+N.

Click on 'Navigator'

Step 3: A window titled 'Navigator' should appear. Click on Custom Indicators.

The Navigator

Step 4: You should see the forex Off Trend in the Custom Indicators folder. Double click on the Forex Off Trend and click OK to load it onto your chart.

Download Forex Off Trend indicator.