Forex Trend Indicator
While CCI trading I discovered and created a simple yet powerful forex trend indicator that is the best way to define the trend I have ever seen. Do you think this trend indicator will help you will never lose again? I think it will help for sure! 14 years of trading taught me that price action is everything and using the best trend indicator mt4 to trade with the trend is very helpful.
Introducing the Best Trend Indicator Ever!
Here is how using the best forex trend indicator in the world for mt4 works. The green bars above or the red bars below the zero line are the True Trend and show if the current trend is up or down. Any reading of the true trend above the zero line is positive and means an uptrend in the market while any reading below the zero line negative or a downtrending market.
The thin blue line is called the EntryCCI. We use this to show when price is overbought or oversold against the trend. We are looking for the EntryCCI to be puled away opposite to the trend to have a setup and then wait for price to resume back toward the current trend.
Best CCI Indicator Settings
Here is the True Trend indicator settings for the inputs of the TrendCCI and EntryCCI periods:
Here are the best cci settings for the best forex indicator I use on the color tab so that your True Trend Indicator can match mine including the blue EntryCCI: