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Fiji Trend Indicator in MetaTrader 4 Download - Free - [TradingFinder]

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MetaTrader4

MetaTrader5
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Fiji Trend Indicator in MetaTrader 4 Download - Free - [TradingFinder]
Fiji Trend Indicator in MetaTrader 4 Download - Free - [TradingFinder] 0
Fiji Trend Indicator in MetaTrader 4 Download - Free - [TradingFinder] 1
Fiji Trend Indicator in MetaTrader 4 Download - Free - [TradingFinder] 2
Fiji Trend Indicator in MetaTrader 4 Download - Free - [TradingFinder] 3
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The Fiji Trend Indicator is a popular and widely used tool, utilized by traders to identify trends and pinpoint Entry and Exit points. Based on a combination of moving averages, this MT4 signal and forecast indicator provides entry signals for trades using arrow markers. The Fiji Trend Indicator focuses on recognizing and displaying valid trends by filtering out minor fluctuations and price noise.

Indicator Specifications Table

Indicator Categories:
Oscillators MT4 Indicators
Signal & Forecast MT4 Indicators
Trading Assist MT4 Indicators
Platforms:
MetaTrader 4 Indicators
Trading Skills:
Elementary
Indicator Types:
Reversal MT4 Indicators
Timeframe:
Multi-Timeframe MT4 Indicators
Trading Style:
Day Trading MT4 Indicators
Trading Instruments:
Share Stocks MT4 Indicators
Forward Market MT4 Indicators
Indices Market MT4 Indicators
Commodity Market MT4 Indicators
Stock Market MT4 Indicators
Cryptocurrency MT4 Indicators
Forex MT4 Indicators

Indicator Overview

To distinguish trends, the Fiji Trend Indicator displays upward trends in light blue and downward trends in orange. At the end of each trend, this trading assist indicator issues a signal to enter trades in the opposite direction. Buy signals are displayed in green, while sell signals are shown in red.

Upward Signal

The 30-minute price chart of the cryptocurrency Solana illustrates how the Fiji Trend Indicator generates signals. As shown in the image, the indicator issues a buy entry signal using a green arrow after each downward trend ends.

Uptrend
Buy Signal

Downward Signal

Based on the 1-hour price chart analysis of gold against the U.S. dollar (XAU/USD), the Fiji Trend Indicator displays downward trends in orange and upward trends in blue within the oscillator section. After each upward trend, the Fiji Trend Indicator issues a sell entry signal using a red arrow.

Downtrend
Sell Signal

Indicator Settings

Settings
Fiji Indicator Settings
  • Chart theme: Customize the indicator theme;
  • M.A. period: Set moving average period to 5;
  • M.A. method: Set the averaging method to 3;
  • Applied price: Set calculation price to 0;
  • ATR period: Set ATR period to 11;
  • Volatility factor: Set volatility factor to 1.3;
  • Offset factor: Set offset factor to 0.15;
  • Alert: Enable alert option.

Conclusion

The Fiji Trend Indicator is useful for identifying entry and exit points. It disregards minor fluctuations and noise, providing a chart of valid trends. Additionally, the Fiji MT4 oscillator issues signals for entering trades using arrow markers.

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FAQs

How can the indicator's sensitivity be increased?

Sensitivity can be enhanced by adjusting the "Volatility factor" and "ATR period" settings.

Is the Fiji Indicator suitable for all financial markets?

Due to its flexible structure, this indicator can be applied across various financial markets.

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