Tidane Trend Indicator for MT4

Introduction to the Tidane Trend Indicator

The Tidane Trend indicator determines whether the trend is bullish or bearish. The signals are represented in a form of the one side band (upside/downside), which consists of multiple dots connected by a line.

The Tidane Trend indicator fits all kinds of timeframes and currency pairs. It is displayed directly on the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

Simplified trading rules for Tidane Trend are the following:

  • Open buy trade when the Tidane Trend turns green. Set your stop loss a few pips below the big green dot. Close the trade when Tidane Trend turns orange or use your own preferred method of trade exit.
  • Open sell trade when the Tidane Trend turns orange. Set your stop loss a few pips above the big orange dot. Close the trade when Tidane Trend turns green or use your own preferred method of trade exit.

Example charts

Check charts of the Tidane Trend Indicator in action.

Tidane Trend Indicator Example Chart 1

Tidane Trend Indicator Example Chart 2

Tidane Trend Indicator Example Chart 3

Settings

These are available settings.

Tidane Trend Indicator Settings

How to set up the Tidane Trend indicator in MT4?

Installation Guide

Copy and paste the Tidane trend.ex4 or Tidane trend.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Tidane Trend Indicator in MT4 Trading Platform Navigator

Bottom Line

The Tidane Trend indicator is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.

Tidane Trend Indicator Free Download

To download the Tidane Trend Indicator for Metatrader 4 (MT4) for free just click the button below:

Tidane Trend Indicator Free Download


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