Major Trend MT5 Indicator

Major Trend MT5 Indicator

Trend Indicator Advanced Trend is a trend-following indicator designed to help traders analyze market direction with clear and structured visual signals.

The indicator uses algorithm-based calculations to present trend conditions in a simplified and readable format, aiming to support decision-making across different market environments.

Key Features

Visual Design

• Clear color scheme for identifying trend direction
• Dual-line structure to display trend movement
• On-chart arrow signals indicating potential directional bias
• Customizable visual settings including colors, line width, and arrow size

Alert System

• Supports multiple alert types: popup, sound, email, and push notifications
• Alerts are generated based on predefined trend conditions
• Includes basic filtering to reduce repeated alerts on the same candle

Performance

• Designed to run efficiently with low resource usage
• Indicator signals are calculated based on closed candle data

Visual Signals

Arrow Indications

• Up arrow: indicates potential bullish conditions
• Down arrow: indicates potential bearish conditions

Color System

• Green: suggests upward market pressure
• Red: suggests downward market pressure

Alert Notifications

The indicator can notify users when predefined conditions are met:

• Pop-up alerts
• Sound alerts
• Email notifications
• Mobile push notifications (requires MetaTrader mobile app)

Example messages:

• Bullish signal on EURUSD (M15)
• Bearish signal on GBPUSD (H1)

Input Parameters

Visual Settings

• BullColor – Color for upward conditions
• BearColor – Color for downward conditions
• LineWidth1 – Primary line width
• LineWidth2 – Secondary line width
• ArrowSize – Size of arrow signals
• ShowLabels – Enable or disable on-chart labels

Alert Settings

• EnableAlert – Enable or disable alerts
• EnableSound – Toggle sound alerts
• EnablePopup – Toggle pop-up alerts
• EnableEmail – Toggle email alerts
• EnablePush – Toggle push notifications
• AlertSound – Select alert sound file

Usage

This indicator can be used by traders who are analyzing trend behavior across different timeframes.

Applicable styles:

• Trend-following strategies
• Multi-timeframe analysis

Common timeframes:

• M15 – H1
• H4 – D1
• W1 and above

Supported markets:

• Forex
• Metals
• Indices
• Cryptocurrencies