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The Trend Striker Extreme indicator is designed to display the strength and direction of market trends in MetaTrader 4.
This trading tool, using blue and red bars, not only shows bullish and bearish trends but also plots the trend strength in percentage on the chart.
Trend Striker Extreme Indicator Specifications Table
The specifications of the Trend Striker Extreme Indicator are presented in the table below.
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Indicator Categories:
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Signal & Forecast MT4 Indicators
Currency Strength MT4 Indicators
Trading Assist MT4 Indicators
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Platforms:
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MetaTrader 4 Indicators
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Trading Skills:
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Elementary
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Indicator Types:
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Reversal MT4 Indicators
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Timeframe:
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Multi-Timeframe MT4 Indicators
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Trading Style:
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Day Trading MT4 Indicators
Scalper MT4 Indicators
Swing Trading MT4 Indicators
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Trading Instruments:
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Stock Market MT4 Indicators
Cryptocurrency MT4 Indicators
Forex MT4 Indicators
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Trend Striker Extreme Indicator at a Glance
The Trend Striker Extreme indicator plots bullish direction with blue histograms and bearish direction with red histograms.
Additionally, this trading tool displays trading signals along with the percentage of trend strength on the chart (top right).
Buy Signal
Based on the New Zealand Dollar to US Dollar (NZD/USD) chart on the 5-minute timeframe, the blue bars indicate an uptrend.
Furthermore, the indicator has plotted a buy signal along with the strength percentage on the chart.
Sell Signal
According to the Cardano (ADA) cryptocurrency chart on the 1 hour timeframe, the downtrend direction is shown using red bars.
In this situation, the indicator, after analyzing the trend, displays a sell signal along with the percentage of trend strength.
Trend Striker Extreme Indicator Settings
The settings of the Trend Striker Extreme Indicator are as follows:
- SLOW_PERIOD: Slow period for trend calculation
- FAST_PERIOD: Fast period for trend calculation
- ALERT: Alert when a signal changes
- EMAIL: Send signal notification to email
- NOTIFICATION: Send signal notification
- MESSAGE_TIMEOUT: Display duration of the signal message
- MESSAGE_SUBJECT: Signal message subject for alerts
Conclusion
The Trend Striker Extreme Indicator is an accurate and simple tool for identifying market trend direction and strength.
This trading tool displays trend direction using blue and red histogram bars and automatically issues buy and sell signals along with trend strength percentage.
Trend Striker Extreme Indicator in MT4 PDf
Trend Striker Extreme Indicator in MT4 PDf
Click to download Trend Striker Extreme Indicator in MT4 PDf
Can this tool be used in long-term timeframes?
Yes, the Trend Striker Extreme Indicator is multi-timeframe and can be applied to all timeframes.
Does this indicator generate buy and sell signals?
Yes, the Trend Striker Extreme Indicator plots buy and sell signals directly on the chart.