Trend Master Indicator FREE Forex MT4 Indicators

Trend Master Indicator is a simple MT4 indicator based on a current trend. It tells you the overall direction of the price trend by pointing arrows on the chart.

The arrows come in two forms; blue and red. The red arrow suggests that the current trend is downwards. Thus, it is a bearish signal.

On the other hand, the blue arrow illustrates that the present trend is moving upwards. Therefore, it is a bullish signal.

Whenever a trend changes its path, the Trend Master Indicator will alert you by drawing a blue or a red arrow. Therefore, whenever a trend changes its course, you can have the opportunity to trade accordingly.

How to trade the Trend Master Indicator?

As mentioned above, trend master is one of the easiest indicators you can follow. It doesn’t bother you with complex lines or graphs. Instead, it just points out the direction of the trend by demonstrating blue and red arrows.

It helps you cut down the market noise by eliminating the hassle of going back and forth to find the direction of the trend.

Once you learn the basics of the indicator, there won’t be much of a problem for you to learn strategies based on the indicator.

Let’s find out the buy and sell strategy for the Trend Master Indicator:

Trend Master buy strategy

• Put the RISK value at default and wait for the blue arrow to appear.
• When the blue arrow pops up, wait for the trend to continue its path.
• Enter the long trade at the candlestick where the blue arrow pops up, or enter at the next candle for a conservative approach.
• Put stop-loss below the recent swing low.
• Mark the take-profit at the next resistance.

Trend Master sell strategy

• Put the RISK value at default and wait for the red arrow to appear.
• When the red arrow pops up, wait for the trend to continue its path.
• Enter the short trade at the candlestick where the red arrow pops up, or enter at the next candle for a conservative approach.
• Put stop-loss above the recent swing high.
• Mark the take-profit at the next support.

Conclusion

The good thing about the Trend Master Indicator is you can try it on any timeframe. It can present you with a clear picture of following the trend. As there is no holy-grail system, the possibility of loss does exist with the indicator.

You can also combine the indicator with confirmation indicators like moving averages or the RSI to further confirm the trend. For a more conservative approach, you can trade only when the blue arrow is already present.