Trend envelopes alert mt4 indicator can be used for scalping strategies and long term also. I got this indicator through another site of forex! I reminds me of it not very well!. based on moving averages for the programmed.
Information about indicator :
- Type of indicator: trend indicator
- Platform: Metatrader4
- Currency pairs: Any
- Trading Time: Any, preferably european cession
- Timeframe: Any, recommended 1h + 15 min
the characteristics of this indicator are:
- is not repaint indicator
- trend indicator
disadvantages of indicator are:
- several signal false in the trend of small rang.
How to trade with this indicator ?
the best use of Trend envelopes alert mt4 indicator is to enter with the general trend (The tren is your friend). Or use it as a filter for your strategy .
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