MetaTrend M4

MetaTrend M4 serves as a dynamic trend detection tool, designed to amplify the efficacy of your Forex strategy. Its multifaceted functionality reveals the trend, support and resistance levels, volatility, and the maximum potential target – all within a single indicator.

Dynamic Adaptability

The MetaTrend M4 indicator is equipped with a Super Adaptive Trend Detector Algorithm. This internal trend detection algorithm dynamically adapts to the market’s movements, selecting optimal values for internal parameters. This adaptability minimizes consecutive trend failures, making it an essential trend filter for any strategy or expert advisor.

Accurate Forecasting

One of the key features of MetaTrend M4 is its ability to accurately forecast potential price targets. This tool generates a price channel around the trend and target lines. Essentially, these target lines predict the next potential price level the market will hit in its upcoming move, providing traders with valuable foresight.

Customizable Input Parameters

MetaTrend M4 provides a range of customizable input parameters, allowing traders to adjust the trend calculation window, sensitivity to reversal points, dynamic response to market volatility, and more. These include:

• Period: This parameter defines the maximum size of the window used to calculate the trend. The default setting is 100 bars, but it can be adjusted to find the optimal period.
• Sensitivity: A value between 0 and 100 that determines how quickly the indicator detects reversal points.
• Dynamic Response: A value between -100 and 100 that tells the indicator how dynamically it can respond to market volatility.
• Show Targets: This parameter, when enabled, displays target lines and creates a channel around the price.

Alerts and Notifications

MetaTrend M4 offers a range of alerts to notify traders of important market changes. Sound Alerts, Push Notifications, a Screen Flasher, and Email Alerts can be enabled to signal trend changes or price crossovers. For traders who use multiple charts or screens, enabling the Flasher provides visual alerts for effective multi-tasking. Alerts can be customized with unique titles to distinguish between different MetaTrend indicators used on the same chart.

Independent Testing and Updates

For those interested in seeing MetaTrend M4 in action before integrating it into their Forex strategy, independent testing of this product is available on the forexroboteasy.com website. Users can also subscribe to updates on the results of these tests.

FAQ

What is the purpose of the STD Period input?

The STD Period input is a key parameter that can be optimized for Expert Advisors. It is automatically set based on the Period input and is zero by default.

What is the Lock inputs on timeframe feature?

This feature allows traders to use the indicator on lower timeframes, but lock the inputs on a higher timeframe. This helps to capture more detail, while avoiding noise from lower timeframes.

How can I get alerted when the trend changes?

MetaTrend M4 provides several alert options. You can enable Sound Alerts, Push Notifications, Flasher, Email Alerts, or Popup Alerts to get notified on trend changes.

We invite readers to share their experience with MetaTrend M4 and how it has impacted their Forex trading strategies. This review is independent and aims to provide unbiased information about the product.