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Fiji Trend Indicator in MetaTrader 5 Download - Free - [TradingFinder]

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MetaTrader4

MetaTrader5

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Fiji Trend Indicator in MetaTrader 5 Download - Free - [TradingFinder]
Fiji Trend Indicator in MetaTrader 5 Download - Free - [TradingFinder] 0
Fiji Trend Indicator in MetaTrader 5 Download - Free - [TradingFinder] 1
Fiji Trend Indicator in MetaTrader 5 Download - Free - [TradingFinder] 2
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The Fiji Trend Indicator is widely used to identify trends and locate entry and exit points on the MetaTrader 5 platform.

This MT5 oscillator uses various moving averages and arrow markers to provide users with a noise-free chart with trade signals. When combined with other analytical tools, it helps traders identify profitable positions.

Indicator Specifications Table

Indicator Categories:
Oscillators MT5 Indicators
Signal & Forecast MT5 Indicators
Trading Assist MT5 Indicators
Platforms:
MetaTrader 5 Indicators
Trading Skills:
Elementary
Indicator Types:
Reversal MT5 Indicators
Timeframe:
Multi-Timeframe MT5 Indicators
Trading Style:
Day Trading MT5 Indicators
Trading Instruments:
Forex MT5 Indicators
Crypto MT5 Indicators
Stock MT5 Indicators
Commodity MT5 Indicators
Indices MT5 Indicators
Forward MT5 Indicators
Share Stock MT5 Indicators

Indicator Overview

The Fiji Trend Indicator provides traders with a clear, noise-free chart displayed separately from the price chart. At the end of each trend, it issues entry signals for trades. This MT5 trading assist indicatorshows buy signals with green arrows and sell signals with red arrows.

Upward Signal

According to the 1-hour price chart of the cryptocurrency Chainlink, a color change in the Fiji chart from orange to blue indicates the start of an uptrend. Immediately following this color shift, the indicator issues a buy entry signal with a green arrow.

Buy Signal
Buy Signal Issued by the Fiji Indicator

Downward Signal

Based on the 4-hour price chart of silver against the U.S. dollar (XAG/USD), a color shift in the Fiji chart from blue to orange signals the beginning of a downtrend. Right after this color change, the indicator issues a sell entry signal with a red arrow.

Sell Signal
Sell Signal Issued by the Fiji Indicator

Indicator Settings

Settings
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 the alert option.

Conclusion

The Fiji Trend Indicator is an efficient tool for determining Entry and Exit points in trades. It filters out noise and minor price fluctuations, presenting the primary market trends. Additionally, this MT5 signal and forecast indicator uses arrow markers to provide useful signals for decision-making regarding trade entries.

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FAQs

How does the Fiji Indicator help identify primary trends?

This indicator only displays valid trends by filtering out noise and minor fluctuations, offering a clearer view of market direction.

What role do arrow signals play in trades?

The arrow signals in this indicator help traders identify optimal times to enter or exit trades.

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