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AI Trend Booster Indicator for MT4 Free Download - MetaTrader 4 Resources

author EAcpu | 3 reads | 0 comments |

Artificial Intelligence-based Trend Booster Indicator, powered by Artificial Intelligence (AI) algorithms, shows the market trend direction.

This trading tool uses oscillators and their color changes to detect trend reversals and generate buy/sell signals.

Additionally, it has a smooth oscillating line that can be viewed as dynamic stop loss .

AI Trend Booster Indicator Specification Table

The indicator specifications of AI Trend Booster are as follows.

Indicator categories: Signals and Forecasts MT4 Indicators Moving Average MT4 Indicator
Artificial Intelligence Indicators for MetaTrader 4
Platforms: MetaTrader 4 Indicators
Trading Skills: Elementary
Indicator Types: Inverse MT4 Indicator
Time frame: Multi Time Frame MT4 Indicators
Trading Style: Day Trading MT4 Indicators Scalper MT4 Indicators Swing Trading MT4 Indicators
Trading Tools: Stock Market MT4 Indicators Cryptocurrency MT4 Indicators Forex MT4 Indicators

A look at AI trend booster indicators

The AI-based Trend Booster indicator generates trading signals by changing the color of its oscillator lines. These signals are:

  • Green: Turning green indicates that the upward trend continues;
  • Red: Turning red indicates the beginning of a downtrend.

Buy Signal

According to the 30-minute USD/CAD chart, when the indicator line turns green, it indicates the start of an uptrend.

In this case, traders can open buy positions when the indicator line crosses above the blue line. On the contrary, the area below the blue line is considered an ideal area to place a stop loss.

AI-based Trend Booster Indicator in Uptrend
Identify the beginning of an uptrend with AI Trend Booster

Sell ​​Signal

On the 1-hour USD/CHF chart, when the indicator line turns red, it indicates the beginning of a downtrend.

Moreover, the smoothed oscillation line can also be considered as a dynamic stop loss.

AI Trend Booster Indicator in Downtrend
Detect the beginning of a downtrend using the AI-based Trend Booster indicator

Settings for Artificial Intelligence Based Trend Booster Indicator

The configurable options for the AI-based Trend Booster indicator are as follows:

Settings Section of the AI-based Trend Booster Indicator
Review of Adjustable Settings in the AI-Based Trend Booster Indicator
  • Alerts ON: Alert activation
  • Message Alert: Message alert
  • Sound Alert: Sound alert
  • Email Alert: Email alert
  • Sound File: selected audio file
  • Applied Price: Price type
  • Smoothing Period: number of smoothing periods
  • Downtrend Color: Downtrend color
  • Uptrend Color: Uptrend color
  • Smoothing Color: Smoothing line color
  • Lookback: number of candles in the past

Conclusion

The AI ​​Trend Booster indicator is designed to identify market trends faster and show price direction.

It clearly displays bullish and bearish conditions through color changes and supports additional text, sound or email alerts.

Configurable parameters such as smoothing periods , applied price type and lookback candles improve the accuracy of signals.

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