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Forex Simpler Trend Candle – MetaTrader 4 Indicator


Simpler Trend Candle Indicator for MetaTrader 4 – Although there are many similar indicators out there, this particular one is based on code previously published by Mladen Rakic and incorporates a number of improvements, part of which was added following user request in comments.


List of fixes and improvements:
  • Trading alerts (Alerts in MT4 terminal, Email notifications, Push notifications).
  • Inputs to enable/disable each alert type separately.
  • Simplified and easy-to-grasp color theme.
  • Additional signal buffer (Indicator output value).
  • The indicator is compatible with Universalis MT4, you can import it, create your own automated strategy and backtest with high precision (step-by-step guide).
  • Miscellaneous minor fixes.
The list of adjustable parameters:
  • Average Period = 30 – indicator period.
  • Sensitivity = 3 – sensitivity to price fluctuations.
  • Enable Alerts = false – enable/disable trading alerts in MetaTrader 4.
  • Enable Email Notification = false – enable/disable email trading alerts.
  • Enable Push Notification = false – enable/disable push trading alerts.

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