Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Trend Striker Extreme Indicator Download for MT5 – Free – MetaTrader 5 Resource

author EAcpu | 5 reads | 0 comments |

The Trend Striker Extreme indicator is designed for use in the MetaTrader 5 platform to determine the direction and strength of market trends.

This trading tool illustrates bullish or bearish price movements by displaying blue and red bars. Additionally, the strength of each trend is also shown on the chart as a percentage.

Trend Striker Extreme Indicator Specification Sheet

The table below shows the specifications of the Trend Striker Extreme indicator.

Indicator categories: Signals and Forecasts MT5 Indicators Currency Strength MT5 Indicators Trading Aids MT5 Indicators
Platforms: MetaTrader 5 Indicators
Trading Skills: Elementary
Indicator Types: Inverse MT5 Indicator
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Swing Trading MT5 Indicators Scalper MT5 Indicators Day Trading MT5 Indicators
Trading Tools: Forex MT5 Indicators Cryptocurrency MT5 Indicators Stock MT5 Indicators

Trend Striker Extreme indicators at a glance

The Trend Striker Extreme indicator uses blue histograms to illustrate bullish market movements and red bars to show bearish trends.

Furthermore, this indicator not only identifies the direction of price movement, but also displays entry and exit signals as well as percentage trend strength in the upper right corner of the chart.

Buy Signal

According to the GBP/USD 30-minute time frame chart, the blue bars indicate the formation of a bullish trend. Additionally, the indicator displays the buy signal as well as the trend strength percentage directly on the chart.

Bullish trend analysis with the Trend Striker Extreme Indicator
Buy trading signal generated by Trend Striker Extreme indicator

Sell ​​Signal

According to the USD/CAD chart on the 1-hour time frame, the bearish market direction is indicated by the red bars.

In this case, the indicator provides a sell signal as well as the percentage of sell signals after analyzing the trend strength on the bearish chart.

Bearish trend analysis with the Trend Striker Extreme Indicator
Sell ​​trading positions shown by Trend Striker Extreme indicator

Trend Striker extreme indicator settings

The settings for the Trend Striker Extreme indicator are as follows:

Settings section of the Trend Striker Extreme Indicator
Adjustable parameters in the settings of the Trend Striker Extreme indicator
  • SLOW_PERIOD: Slow period of trend calculation
  • FAST_PERIOD: Fast period for trend calculation
  • ALERT: Alert when signal changes
  • EMAIL: Send signal notification to email
  • NOTIFICATION: Send signal notification
  • MESSAGE_TIMEOUT: Display the duration of the signal message
  • MESSAGE_SUBJECT: Signal message topic for alerting

Conclusion

The Trend Striker Extreme indicator is a practical and simple tool for identifying the direction and strength of market trends.

This trading tool uses blue histograms to represent bullish movements and red histograms to represent bearish movements, visualizes market trends, and automatically provides traders with buy and sell signals and trend strength percentages.

(1)

📦 Download attachments/Download Files

Verification code Refresh