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Trend Striker Extreme Indicator Download for MT4 – Free – MetaTrader 4 Resource

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The Trend Striker Extreme indicator is designed to show the strength and direction of market trends in MetaTrader 4.

This trading tool uses blue and red bars to not only show bullish and bearish trends, but also plots the trend strength on the chart as a percentage.

Trend Striker Extreme Indicator Specification Sheet

The specifications of the Trend Striker Extreme indicator are shown in the table below.

Indicator categories: Signals and Forecasts MT4 Indicators Currency Strength MT4 Indicators Trading Aids MT4 Indicators
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

Trend Striker Extreme indicators at a glance

The Trend Striker Extreme indicator plots the bullish direction with the blue histogram and the bearish direction with the red histogram.

Additionally, this trading tool displays trading signals as well as the trend strength percentage on the chart (top right) .

Buy Signal

Based on the New Zealand Dollar/USD (NZD/USD) chart on the 5-minute time frame, the blue bars indicate an uptrend.

Additionally, the indicator plots a buy signal strength percentage on the chart.

Trend Striker Extreme Indicator in an uptrend
Trend Striker Extreme Indicator Issues Buy Signal

Sell ​​Signal

According to the Cardano (ADA) cryptocurrency , the downtrend direction is shown with a red bar on the 1-hour timeframe chart.

In this case, the indicator displays a sell signal along with the percentage of trend strength after analyzing the trend.

Trend Striker Extreme Indicator in a downtrend
Trend Striker Extreme indicator shows sell signal and downtrend

Trend Striker extreme indicator settings

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

Settings panel 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 an accurate and simple tool for identifying market trend direction and strength.

This trading tool uses blue and red histogram bars to display trend direction , automatically giving buy and sell signals as well as trend strength percentage.

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