HalfTrend v1.02 Indicator: Reliable Market Trend Detection
 
Description: The HalfTrend v1.02, also known as BuySellArrowScalper is based on the popular Ozymandias indicator. It effectively monitors market trends and filters out sharp fluctuations and market noise. The HalfTrend v1.02 does not repaint after closing the signal candle and does not delay, making it a reliable and complete trading tool.
 
Characteristics of HalfTrend v1.02 Indicator
Platform: Metatrader4
Currency pairs: All pairs, recommended majors
Trading Time: Any
Time-frame: Any 
 
The HalfTrend v1.02 shows entry signals in the market with red and blue arrows.
 
Settings of HalfTrend v1.02 Indicator:
Show Bars: True/False
Show Arrows: True/False
Set an alert sound signal: True/False
Dialog box 
 
Rules for opening a long Position:
Enter a long position when a blue arrow pointing up appears.
Set the Stop Loss a few pips below the local minimum
 
Exit the position when a red arrow and a red line appear.
 
Rules for opening a Short Position:
Enter a short position when a red arrow pointing down appears.
Set the Stop Loss a few pips above the local maximum
 
Exit the position when a blue arrow and a blue line appear.
 
Please note:
Purchasing this HalfTrend Indicator Does NOT grant you FULL ACCESS to the Code and Parameters.
 
For full access, including codes and parameters, click on HalfTrend Indicator to purchase it.
 
RISK DISCLAIMER:
The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.