MetaTrend M4

Overview of MetaTrend M4

• MetaTrend M4 is an advanced trend detection indicator designed to identify market trends, support and resistance levels, volatility, and potential target points within one cohesive tool.
• This indicator employs a "Super Adaptive Trend Detector Algorithm," which adjusts to varying market conditions to minimize consecutive trend failures. 🌀
• It is particularly suitable for traders looking to incorporate a reliable trend filter into their trading strategies or Expert Advisors.

Key Features

• Multi-Timeframe Compatibility: The indicator can be used across different timeframes, offering flexibility to traders.
• True Price Channel: It generates trend and target lines, providing a visual representation of potential market movements.
• Sound Alerts and Notifications: Traders receive instant alerts via sound and push notifications, enhancing response time to trading opportunities. 🔔
• Never Repaints: MetaTrend M4 maintains the integrity of its signals by ensuring it does not change its historical data, which is crucial for trust in its signals.

Input Parameters

• Period: This defines the maximum size of the window for trend calculations, with a default of 100 bars.
• Sensitivity: A value (0 to 100) that customizes the speed of trend reversal detection.
• Trend Reversal Response: A percentage indicating how quickly the indicator reacts to market volatility.
• Show Targets: This feature displays target lines, predicting the next potential price achievements. 🎯
• Lock Inputs on Timeframe: Allows for clearer signals by using higher timeframes to smooth out the noise from lower ones.

User Ratings and Reviews

• MetaTrend M4 enjoys a high rating of 5.0, reflecting the positive reception from traders who have utilized the tool.
• Users appreciate its ability to clarify market trends and offer timely alerts, leading to more informed trading decisions.

Conclusion of Highlights

• With its comprehensive features and adaptive technology, MetaTrend M4 stands out as a valuable tool for Forex traders.
• Whether for day trading or longer strategies, this indicator aims to simplify trend analysis and enhance trading precision.