Trend Strength Indicator MT5
Platform: MT5 Type: Trend Last update: March 1, 2025The Trend Strength indicator for MT5 uses custom calculations based on the Relative Strength Index to determine the direction of the trend. What’s more, provided signals give overview of the momentum as well.
Example chart:
Anatomy of the trend strength indicator for mt5
Essentialy, the trend strength indicator consists of three lines: gray Smoothed RSI, blue UpTrend line, and red DnTrend line. The rsi-based line is always in the middle and the other ones switches above or below depending on the bullish or bearish conditions.
The formula behind the indicator incorporates four main elements:
- applied price – default value: close price
- rsi period – default value: 14
- smoothing period – default value: 5
- multiplier – default value: 4.236
If you prefer to reduce noise and get smoother readings, we recommend to increase the smoothing period, e.g. to 20.
How to trade with the trend strength indicator?
The basic trading rules for this indiator are simple.
Obviously, when the Smoothed RSI is above the blue UpTrend – there is an upward trend and potential long opportunity. Similarly, when the Smoothed RSI is below the red DnTrend – there is a downward trend and potential short opportunity.
Another aspect to pay attention to is a slope of the colorful lines. It it’s flat, it means the market is rangebound and traders should be extra careful. On the other hand, when it’s at an angle, it suggests the strength is improving.
Bottom line
The trend strength indicator for metatrader 5 is a reliable tool that generates no-repainting signals. After a bit of setting customization, it defines trends accurately and also highlights potential trade entries and exits.
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