Half Trend Buy Sell Indicator
Platform: MT4 Type: Trend Last update: January 8, 2025The Half Trend Buy Sell Indicator for MT4 is a popular gauge widely used in various forex systems and trading strategies. It works very well at identifying past and current bearish and bullish trends. Its high performance and user-friendly signals make this indicator an good choice.
This tool falls into the trend-following category. It consists of two main elements: a bold signal line with directional “thorns” and buy/sell arrows that appear when sentiment shifts. Overall, the generated signals are reliable (no repaint) and easy to follow.
Example chart:
How to apply the Half Trend Buy Sell Indicator in trading?
Buy Entry: Open long trade when the signal line turns blue and the upward arrow occurs. Place your stop loss a few pips below last swing low and trail it up with the moves of the signal line.
Sell Entry: Open short trade when the signal line turns red and the downward arrow occurs. Place your stop loss a few pips above last swing high and trail it down with the moves of the signal line.
Exit Trade / Take Profit: Close your open position when an opposite signal occurs, or use your own preferred method of trade exit.
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