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Hi guys, I want to ask you a few questions about how to identify trend in Forex and which will be the best way to do that in my case, because if I have to be honest I really don't know what to do. It is such a mess in my head after so many articles read (+ MQL4 documentation). Although I'm a software engineer I'm a newbie in Forex. In the last few weeks I started developping an MT4 indicator with MQL4. One of the main things my indicator do is to detect trend direction. I already read this article - and some discussions in the forum (for example: ). At the moment my logic is based on Fan Moving Average - I use 3 periods to detect my trend direction, but this doesn't help me.

1. Cmep Does Not Detect Trend For Mac Download

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You are traders. When you have your main chart zoomed out you easily and fast can see where the trend goes: In the example above is more than obvious that the trend goes UP even that when I use MA sometimes I catch that the trend goes DOWN or UP, or it is UNDEFINED. But in global perspective it goes UP - I want to do that with MQL4 but I have no idea how to achieve it. Someone in the forum has mentioned that Chart patterns are better than the Candlestick patterns. Moving Average is candlestick patterns, right?

I will really appreciate if you can give me some advice what I could do or just to share your experiance if it is relative with my case. I am curious to learn something new:). Dimitarsd: Hi guys, I want to ask you a few questions about how to identify trend in Forex and which will be the best way to do that in my case, because if I have to be honest I really don't know what to do. It is such a mess in my head after so many articles read (+ MQL4 documentation). Although I'm a software engineer I'm a newbie in Forex.

In the last few weeks I started developping an MT4 indicator with MQL4. One of the main things my indicator do is to detect trend direction. I already read this article - and some discussions in the forum (for example: ).

At the moment my logic is based on Fan Moving Average - I use 3 periods to detect my trend direction, but this doesn't help me. You are traders. When you have your main chart zoomed out you easily and fast can see where the trend goes: In the example above is more than obvious that the trend goes UP even that when I use MA sometimes I catch that the trend goes DOWN or UP, or it is UNDEFINED. But in global perspective it goes UP - I want to do that with MQL4 but I have no idea how to achieve it. Someone in the forum has mentioned that Chart patterns are better than the Candlestick patterns. Moving Average is candlestick patterns, right?

Cmep Does Not Detect Trend For Mac Download

I will really appreciate if you can give me some advice what I could do or just to share your experiance if it is relative with my case. I am curious to learn something new:) It's very simple. When the trend is making higher highs, and higher lows, it's an uptrend. In reverse, when the trend is making lower highs, and lower lows, then it's a downtrend.