Индикатор Silvertrend Форекс

Silver trend is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file Silver eunic-brussels.eu contains Silver eunic-brussels.eu4 and Silver eunic-brussels.eu4)

Free Download Silver trend mt4 indicator

How to install Silver trend in forex trading platform metatrader 4?

• Extract the downloaded Silver eunic-brussels.eu
• Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder.
• Now paste the Silver eunic-brussels.eu4 and Silver eunic-brussels.eu4 files into indicators folder and restart the MetaTrader 4.

The R Silver Trend indicator is a trend following trading indicator that displays the current trend directly on the activity Metatrader 4 chart.

It draws two types of candlesticks:

• Blue ones for bullish price action.
• Red ones for bearish price action.

Trading the R Silver Trend indicator is pretty simple, even for absolute beginners, and it can be used for scalping (M1, M5), day trading (M5, M15, M30) and swing trading (H1, H4, D1) currencies.

Basic Trading Signals

Signals from the R Silver Trend indicator are easy to interpret and goes as follows:

Buy Signal: Open buy position when the indicator draws a blue colored candlestick on the chart.

Sell Signal: Open sell position when the indicator draws a red colored candlestick on the chart.

Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.

Tip

In order to trade a buy on dips and sell on rallies forex strategy with the R Silver Trend indicator, add a longer-term trend following indicator to the chart and only take positions in the direction of the longer trend.

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Variable (risk, SSP, CountBars) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, Minutes, Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Trend

The Silver Trend Signal Indicator is a custom technical analysis tool for MetaTrader that helps traders identify potential zones where the price of a tradable asset is likely to reverse.

Price action traders often use this as a signal to enter trades, but less experienced traders may find it difficult to spot these signals without assistance.

Silver Trend Signal Indicator Overview

It is designed to closely follow the trend of any asset and offers trading opportunities by identifying potential trade setups in a trending market.

The indicator is suitable for all levels of traders and different trading styles, including scalping, day trading, and swing trading.

When strong momentum in the opposite direction of a previous short-term trend direction is detected, it may suggest a reversal is imminent.

However, as with any technical indicator, the Silver Trend Signal Indicator should be used with caution and in combination with other technical analysis tools and risk management strategies.

Silver Trend Signal Indicator Explanation

The Silver Trend Signal Indicator is designed to follow the trend of an asset closely, and it can signal when a trend is likely to reverse after a minor retracement, providing potential trading opportunities.

The indicator uses color-coded signals to indicate the direction of the trend. A bullish reversal signal is painted lime green, while a bearish reversal signal is painted red.

Traders can use these signals to enter long or short positions when the trend is in their favor.

Traders should confirm signals with other technical indicators and price action analysis before entering a trade.

Silver Trend Signal Indicator: Buy Conditions

• Confirm that the trend is bullish.
• Wait for the indicator to paint a bullish reversal signal, colored in lime green.
• Enter a long/buy position.

Also Read: Pet-D Indicator

Silver Trend Signal Indicator: Sell Conditions

• Check that the trend is downward.
• Watch for the indicator to display a red bearish reversal signal.
• Take a sell or short position.

The Silver Trend Signal Alert indicator is a tool that traders may use to discover potential momentum reversal entry signals. Strong momentum in the opposite direction of a previous short-term trend direction is generally suggestive of a reversal. Price action traders that are familiar with this utilize it as a trade entrance signal frequently. However, most rookie traders lack this ability but this indicator can help to a degree.

What is the Silver Trend Signal Indicator?

The Silver Trend Signal Indicator for MetaTrader is a bespoke tool that closely tracks any traded asset&#;s trend. The indicator includes elements that highlight prospective zones where an asset&#;s price is likely to reverse. This technical indicator is useful for detecting possible trade setups, particularly in a trending market. Simply defined, the indicator predicts where a trend would likely revert following a slight pullback. This creates trading possibilities. Furthermore, the Silver Trend Signal indication is appropriate for traders of all levels, including novice, intermediate, and experienced traders. In addition, the indicator is well-suited to scalpers, day/intraday traders, and swing traders.

Silver Trend Signal Strategy

The Silver Trend Signal Strategy is a technical system that displays BEAR or SELL trade signals in red and BULLISH or BUY indications in lime-colored. For a BULLISH indication, the indicator displays a lime-colored bubble, allowing traders to initiate a BUY transaction. An opposing bubble trading signal could be a take profit target since it represents a possible conclusion of the current trend and the probable beginning of a new trend. Furthermore, forex traders might set a stop loss at the previous swing low.

Similarly, a red bubble indicates a possible start of a negative trend, allowing traders to establish a SELL position. Traders may follow the trend by maintaining the position until the opposite bubble trade signal emerges since the indicator makes it easy to do so. As a result, a profit taking position could be the opposite trade signal, and a stop loss could be above the swing high.

The indicator uses bubbles to calculate trade signals. Traders may, however, change the RISK settings and the number of warnings for trend tracking. The majority of trend following trading methods employ a multiple time frame (MTF) trading strategy.

Buy Signal

The following could be your checklist for a buy trade:

• When the trend is bullish.
• When the lime-colored signal bubble of the Silver Trend Signal Indicator gets placed slightly below the candlesticks.

Once these two events occur:

• You could open a buy position after the lime-colored bubble pops up and you get your signal confirmation.
• You could set your stop loss just below the nearest swing low.
• You could set your take profit at the nearest resistance zone, or you could exit trade when a red bubble appears.
• For good risk management, I would only consider trades with a risk to reward ratio of at least

Sell Signal

The following could be your checklist for a sell trade:

• When the trend is bearish.
• When the red signal bubble of the Silver Trend Signal Indicator gets placed slightly above the candlesticks.

Once these two events occur:

• You could open a sell position after the red bubble pops up and you get your signal confirmation.
• You could set your stop loss just above the nearest swing high.
• You could set your take profit at the nearest support zone, or you could exit trade when a lime-colored bubble appears.
• For good risk management, I would only consider trades with a risk to reward ratio of at least

Silver Trend Signal Pros & Cons

Pros

• Silver Trend Signal Indicator can be used with any forex trading system or strategy to confirm trade inputs or exits.
• The indicator can help traders predict the market&#;s likely direction in a trending market.

Cons

• The Silver Trend Indicator, due to its functioning principles, may not always be suitable for ranging markets.
• The indicator tends to produce delayed signals. Due to the possibility of late entries, the transactions have a reduced risk-reward ratio.

Conclusion

When used in conjunction with momentum, the Silver Trend Signal Indicator can be one that traders could find useful. It does, however, produce delayed signals. Due to the possibility of late entries, the transactions have a reduced risk-reward ratio. The Silver Trend Signal Indicator is simple to understand and apply in the Forex market. Both rookie and professional forex traders can use bubble trading signals to discover BULLISH and BEARISH price patterns. Furthermore, the indicator serves as a forex trading system which provides traders with optional take profit and stop loss positions.

The Forex Geek

Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

2. Open the MT4/5 terminal and click on &#;File&#; in the top left corner.

3. Select &#;Open Data Folder&#; from the dropdown menu.

4. In the window that opens, double-click on the &#;MQL4/5&#; folder.

5. Double-click on the &#;Indicators&#; folder.

6. Drag and drop the indicator file from your computer into the &#;Indicators&#; folder.

7. Close the data folder window and restart the MT4/5 terminal.

8. The indicator should now be available in the &#;Navigator&#; window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click &#;Yes&#; to confirm the use of DLLs. If you are not sure or do not trust the source, click &#;No&#; to cancel the installation.

It&#;s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

Silver Trend signal is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file Silver Trend eunic-brussels.eu contains Silver Trend eunic-brussels.eu4 & Silver Trend eunic-brussels.eu4)

Free Download Silver Trend signal Mt4 Indicator

How to install Silver Trend signal mt4 indicator in forex trading platform metatrader 4?

Extract the downloaded Silver Trend eunic-brussels.eu

Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder. Now paste the Silver Trend eunic-brussels.eu4 and Silver Trend eunic-brussels.eu4 files into indicators folder and restart the MetaTrader 4.