Forex Scanner Pro Trend indicator is an optimized trend following tool that is sensitive and responsive to the dynamics of asset prices. The indicator tracks price movements and helps you identify trading opportunities in the Forex market.
The indicator uses a center line and bar chart bars to reflect the prevailing trends in the market. The bar at the top of the bar indicates a potential uptrend. The bars at the bottom mark a bearish trend.
The Forex Scanner Pro Trend Indicator is available for novice, intermediate and advanced traders. The indicator can be used for swing trading, intraday/day trading and scalping.
Forex Scanner Pro Trend Indicator buy/sell signs
This is what the indicator looks like on your chart. For the best trade entry, this indicator should be used in combination with price action.
Buy Signals. First, make sure that the overall market trend is bullish. Also, make sure that the number of bars does not exceed the center line of the indicator. These conditions will be met and then you can open a buy/long entry by using price action (e.g. bullish engulfment).
Sell signals First, make sure that the overall market trend is bearish. Also, make sure that the number of bars on the bar chart is not lower than the center line of the indicator. Once these conditions are met, you can use the price behavior (e.g. bearish engulfment) to open a sell/short trade.
Forex Scanner Pro Trend indicator MT4 is the best indicator to help you improve your trading skills. It is easy to use and can be used by both novice and advanced traders. The indicator is also available for free download。