Description of the indicator
iS7N_TREND Indicator is a two-color trend indicator, returning in a very simple way entry and exit signals.
You can choose to have a two-color or one-color mode, depending if you prefer to have two different colors on the line, green for the uptrend and red for the downtrend.
The number of bars to plot can also be adjusted to finetune the best settings through a sensitivity analysis.
How to install custom indicators in Metatrader 5
Download the MQ5/EX5 file into your C:\Program Files\MetaTrader 5\MQL5\Indicators folder
If you download the zip file, unzip it and locate the MQ5 file in C:\Program Files\MetaTrader 5\MQL5\Indicators
Double-click on the file, the Mq5 editor will open and hit “Compile”
Restart your MetaTrader 5 application
On the left hand side, look for the “Navigator” window and under the “Indicators” tab you should find the Indicators
Drag (Click and drag) the indicator onto the chart
Choose your settings and click OK
Free 5-STAR Indicators and EAs