Trend Strength Indicator for MT5

The Trend Strength Indicator for MT5 uses a custom calculation based on the Relative Strength Index to read both trend direction and momentum strength in one view.

Example chart:

trend strength indicator example chart 1

How to use the Trend Strength Indicator for MT5?

The Trend Strength Indicator plots three lines: a gray Smoothed RSI line in the center, with a blue UpTrend line and a red DnTrend line that overlay it depending on market conditions.

When the blue line appears above the gray line, the trend is bullish and points to a potential long opportunity. When the red line appears below the gray line, the trend is bearish and points to a potential short opportunity.

The slope of these lines matters too. A flat slope signals a rangebound market, where caution is warranted. A steeper angle signals strengthening momentum in that direction.

trend strength indicator example chart 2

As you can see on the USD/CAD H1 chart above, the colored segments shift clearly between blue and red as the trend changes. The slope also steepens noticeably during the stronger moves, like the rally and the sharp decline that follows.

Formula and settings

The formula behind the indicator relies on four inputs: applied price (default: close), RSI period (default: 14), smoothing period (default: 5), and a multiplier (default: 4.236).

If you want smoother and less noisy readings, try increasing the smoothing period, for example to 20.

Bottom line

The Trend Strength Indicator for MetaTrader 5 stands out also through its slope, not simply just its color. A blue or red line tells you direction, but the angle tells you whether that trend actually has strength behind it or is starting to fade.

Since it doesn’t repaint, what you see stays fixed. That makes it a reliable base for planning entries and exits, especially after you find the right smoothing period for your preferred pairs.


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