Follow Trend Indicator MT4 MetaTrader for scalp in Forex Free Download

📊 Introduction to the Follow Trend Indicator for MetaTrader 4

The Follow Trend indicator is an analytical tool specifically designed for the Forex market and runs on the popular MetaTrader 4 platform. This indicator helps traders identify price trends by drawing two trend-following lines on the price chart, allowing them to determine the direction of the market and make more accurate trading decisions.

Click here to download and install The Follow Trend   Indicator .

🤖 How the Follow Trend Indicator Works

The Follow Trend indicator uses complex algorithms to analyze past and current market data. The result of this analysis appears as two lines on the chart:

• A blue line 🔵
• A red line 🔴

When these two lines intersect, the indicator interprets this as a signal for a trend reversal. Based on the nature of the intersection, potential buy or sell signals are displayed using colored circles:

• Blue circle: Buy signal 🟦
• Red circle: Sell signal 🟥

Click here to download and install The Follow Trend Indicator .

🧠 High Precision in Signal Generation

Unlike simpler tools, this indicator utilizes advanced analytical algorithms that increase the accuracy of the signals. However, for better results, it’s recommended to confirm the signals using other indicators such as RSI, Bollinger Bands, or MACD.

🛠 Customizable Technical Features

The Follow Trend indicator offers a range of adjustable settings, enabling you to align its performance with your personal strategy:

• In the “Inputs” tab: You can modify core parameters like trend length, sensitivity of the line intersections, and more.
• In the “Colors” tab: You can change the appearance and colors of the lines to match your chart’s theme.

⚙️ How to Install the Indicator in MetaTrader 4

Click here to download and install The Follow Trend   Indicator .

To install the indicator, follow these steps:

1. Place the indicator file into the “Indicators” folder of MetaTrader 4.
2. Restart the platform and drag the indicator from the Navigator onto the chart.
3. In the pop-up window, check the box for Allow DLL imports and click OK.

If you need a visual guide, you can watch the installation tutorial video at the bottom of the page.

🟦 Buy Signal with the Follow Trend Indicator

Click here to download and install The Follow Trend   Indicator .

To enter a Buy position with confidence, follow these steps:

1. Wait for the red and blue lines to intersect on the chart.
2. If this intersection occurs at the bottom of the chart (price lows), a blue circle appears, indicating a potential Buy opportunity.
3. Ensure that the lines continue in an upward direction after the intersection.
4. Confirm the uptrend using other indicators.
5. Enter a Buy position from the confirming candle.
6. Set a Stop Loss according to your strategy—e.g., below the previous Swing Low.
7. Stay in the position until you see signs of a downward trend reversal.

🟥 Sell Signal with the Follow Trend Indicator

Click here to download and install The Follow Trend   Indicator .

To enter a Sell position, proceed with the following:

1. Wait for the blue and red lines to intersect at the top of the chart (price highs).
2. If a red circle appears, it signals a potential Sell opportunity.
3. Make sure the lines begin to move in a downward direction after the intersection.
4. Confirm the downtrend using other technical tools.
5. Enter a Sell position from the confirming candle.
6. Set a Stop Loss according to your personal strategy—e.g., above the previous Swing High.
7. Remain in the position until you observe signs of an upward trend reversal.

⚖️ Risk Management and Combining with Other Tools

Click here to download and install The Follow Trend   Indicator .

Although Follow Trend is a powerful standalone indicator, it’s always wise to reduce risk by using it alongside other indicators. It is flexible and integrates well with various other tools.

To maximize success:

• Always manage your risk carefully.
• Use appropriate position sizing.
• Test the indicator in a demo account to understand its behavior.

📌 Final Notes

✅ Follow Trend accurately detects market trends.
✅ Its visual signal system (colored circles) makes it easy to use.
✅ It offers high customizability for alignment with your strategy.
✅ Combining it with other indicators is strongly recommended for more filtered and accurate signals.