Free Trendline MT4 Custom Indicator

Screenshot Here is another useful free trend line MT4 custom indicators. The Indicator draws a channel with explanation (informer in the left top corner of the chart)

Input variables:
LineColor=DarkOrange;
AllBars=240;
BarsForFract=0;

Suggestions for use:
1. Determinate a current trend of any pair. ( Important: trade
follow a trend. Very useful indicator to be used with any buy/sell tool)

2. Open a trade on a trend change ( trend line confirmed breakout )
- trend line confirmed breakout: a whole candle must close above
or below a trend line – strong signal for a trend change.

DOWNLOAD HERE

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