Trendlinesday Indicator
Platform: MT4 Type: Trend Last update: April 28, 2026The Trendlinesday Indicator for MT4 displays two trendlines for the recent day and they create a price channel. Traders can use these bands for potential price reversals.
Example chart:
How to use the Trendlinesday Indicator for MT4?
As you can see on the EUR/USD H4 chart there are is a red upper trendline and a pink lower trendline.
Once candlesticks approach one of these sides, it’s good to consider potential reversal trade opportunity. But each idea should be confirmed with rejection pattern formed.
