Trigger Lines Indicator for MetaTrader 5 Download – Free – [TFlab]

The Trigger Lines Indicator is designed based on moving average calculations and is used to analyze structural trend changes in financial markets.

This MT5 trading assist analyzes liquidity flow changes and trend strength by combining fast and slow moving averages and presenting them as visual, color-changing signals.

Trigger Lines Indicator Overview

The table below presents the specifications of this MT5 signal and forecast indicator:

Indicator in an Uptrend

In the 4-hour EUR/CAD chart, an uptrend forms after candles cross the moving average.

If the moving average color changes from yellow to blue, the uptrend is confirmed, creating favorable conditions for a buy entry.

Indicator in a Downtrend

The price enters a downtrend in the 30-minute USD/CHF chart after breaking the moving average.

As the moving average color changes from blue to yellow, the indicator confirms the bearish trend, signaling a potential sell opportunity.

Trigger Lines Indicator Settings

The image below displays the Trigger Lines Indicator settings:

• Period: Determines the calculation period for the trend index
• LSMA Period: Defines the period for the Least Squares Moving Average (LSMA)

Conclusion

The Trigger Lines Indicator for MetaTrader 5 is a technical analysis tool based on moving averages. It is used to identify trend changes and entry/exit points.

This indicator consists of fast and slow-moving averages, which change color to indicate bullish and bearish signals, providing clear trend direction insights.