MT4 Dollar Pile Indicator
Platform: MT4 Type: Trend Last update: February 21, 2026The Dollar Pile Indicator for MT4 recognizes trend direction in the present and past periods of time.
Example chart:
How to use the MT4 Dollar Pile Indicator?
The signals are represented in the form of bricks – red color means bearish trend and green means bullish trend. The moment it switches color is a good place for both entry and exit levels (always wait for candle close).
In the settings tab, there is only one input “length”, which impacts the sensitivity of the readings (default value 14).
The dollar pile indicator can be used as a trend direction filter in a trading strategy.
