The Smooth Trend Oscillator Indicator MT4 is a professional-grade tool designed to help traders detect market trends and generate actionable buy/sell signals with precision. By smoothing out market noise, this indicator provides a clear view of trend direction on any timeframe, making it an essential tool for both forex and CFD traders.

Smooth Trend Oscillator Indicator MT4 – Free Download chart image

Key Features

  1. Accurate Trend Detection
    • Detects upward and downward trends with minimal lag.
    • Filters out market noise to provide reliable trend signals.
  2. Multiple Timeframe Support
    • Works on M1, M5, M15, M30, H1, H4, D1, W1, and MN charts.
    • Ideal for scalping, intraday trading, and long-term analysis.
  3. Customizable Alerts
    • Real-time notifications for trend changes via sound, email, or pop-up alerts.
    • Option to trigger alerts only on confirmed candles.
  4. Smooth Double Filtering
    • Optional double smoothing to reduce false signals.
    • Adjustable phase and period parameters for precision tuning.
  5. Buffer Visualization
    • Visual representation using histogram buffers for easy trend recognition.
    • Separate buffers for trend direction and signal points.
  6. Lightweight & Fast
    • Optimized for MT4 performance.
    • Works seamlessly even on charts with large historical data.

How Smooth Trend Oscillator MT4 Works

The indicator uses a smoothing algorithm applied to moving averages to identify trends. Key calculations include:

  1. iDSmooth Function – Applies single or double smoothing to detect the trend.
  2. iSmooth Function – Refines the price smoothing with customizable phase and length.
  3. Trend Buffers – Visualize uptrend and downtrend signals on the chart.
  4. Alerts System – Sends notifications when the trend direction changes.

By combining smoothing techniques with trend direction buffers, the Smooth Trend Oscillator MT4 allows traders to spot trend changes early and act with confidence.

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Installation Guide

  1. Download the SmoothTrendOscillator.ex4 file.
  2. Open MT4 → File → Open Data Folder → MQL4 → Indicators.
  3. Paste the .ex4 file into the Indicators folder.
  4. Restart MT4 or refresh the Navigator window.
  5. Attach the indicator to your chart and configure settings like Periods, Phase, and SmoothDouble.

Recommended Settings:

  • Periods = 10
  • Phase = 0
  • Price = PRICE_CLOSE
  • SmoothDouble = true/false depending on your preference.

Benefits of Using Smooth Trend Oscillator MT4

  • Early Trend Identification – Spot reversals before they happen.
  • Clear Visualization – Histogram buffers highlight trend direction.
  • Custom Alerts – Never miss important trend changes.
  • Flexible Across Markets – Works on forex, commodities, indices, and cryptocurrencies.
  • Free Download – Professional-grade MT4 indicator without cost.

Tips for Best Use

  1. Combine with support/resistance levels for confirmation.
  2. Use multiple timeframes to confirm trend direction.
  3. Adjust Phase and Periods for sensitivity depending on volatility.
  4. Test settings in a demo account before live trading.

FAQ

Q1: Can I use this indicator on any MT4 broker?
Yes, it is compatible with all MT4 brokers and any instrument supported by MT4.

Q2: What timeframes work best for this indicator?
It works from 1-minute to monthly charts, but higher timeframes are recommended for trend confirmation.

Q3: Does it provide alerts?
Yes, you can enable pop-up, email, and sound alerts for trend changes.

Q4: Can I adjust smoothing settings?
Yes, you can modify Periods and Phase, and enable double smoothing for more precise trend detection.

Q5: Is this indicator suitable for beginners?
Absolutely. The visual histograms and alerts make it easy to interpret, even for beginner traders.