IVT Mega Trend Meta trader 4 indicator
Mega Trend indicator is a trend-following indicator that can be used on any currency pair and time frame. From the 1 minute up to the monthly chart.
Trading Signals
Method 1)
Blue indicator line: Buy zone (look for buy signals)
Red indicator line: Sell zone (look for sell signals)
Method 2)
Buy when the Megatrend line changes color from red to blue.
Similarly, sell when the line changes color from blue to red.
Configurable Indicator Options
period, method, price,…