What is Trend Rider MT4 Forex Indicator
The Trend Rider indicator is another profitable MT4 forex trading tool available for free download from the Tradeszee website. The key advantage of this indicator is its simplicity, making it easy to understand even for beginner traders. The system includes several indicators such as the FTR indicator, MACD, and OSMA.
This indicator is supported only on MT4 and is not compatible with the MT5 platform. If you are trading with the MT5 platform, you can visit the MT5 indicators and EAs download pages. The market trends are displayed in red and green colors for clear visibility. At the bottom of the chart window, you can see the MACD and OSMA indicators. Additionally, there is a yellow Moving Average indicator. Yellow arrows indicate buy signals, while orange arrows indicate sell signals. You will also receive buy or sell signal alerts.
We recommend starting with a Demo Trading Account (Practice Account) before moving on to real trading. It is essential to learn trading thoroughly first. Tradeszee EDU Hub is an excellent resource for gaining trading knowledge.
What the indicator system includes
The indicator system includes many indicators, EAs, libraries and files except the mentioned indicators above. Here you can see all included in the indicator system.
Indicators
- Forex Trend Rider.ex4
- MACD Indicator
- OSMA Indicator
- Moving Averages
- Alert Indicators
Templates
- Forex Trend Rider – LONG TERM
- Forex Trend Rider – SHORT TERM
Templates
How to install the Indicator system on MT4 platform
Tradeszee’s website provides a complete guide on how to download and install indicators and EAs on the MT4 and MT5 platforms. You can refer to the How to download and install indicators/EAs Steps Guide.
If you are having trouble with downloading and installation, please Contact Us
What you need to do before starting forex trading
You should have some prerequisites before starting trading. Visit the Forex Trading Prerequisites Guide. It will help you fulfill the basic requirements needed before you begin trading.
How to trade with the Trend RiderMT4 indicator
How to Get BUY Trades
- The market is trending upward (green).
- The market is above the moving average.
- A yellow upward arrow appears.
- The MACD touches or is near the lower line and turns upward.
- The OSMA indicator is above the middle line.
How to Get Sell Trades
- The market is trending downward (green).
- The market is below the moving average.
- An Orange downward arrow appears.
- The MACD touches or is near the upper line and turns downward.
- The OSMA indicator is below the middle line.
Tips to improve signal accuracy for the Trend Rider indicator
We have outlined some key points on how to execute buy and sell trades using the Trend Rider indicator. However, you can increase signal accuracy up to 99% by incorporating additional strategies, techniques, and indicators. We have provided several tips to help improve accuracy. Refer to the Top Tips to Boost Signal Accuracy guide for more information.
Learn free and Earn in Forex trading
Now, you have the ability to learn forex trading completely from beginner to advanced level for free via Tradeszee EDU Hub. Whatever your knowledge levels, our education hub will support you in becoming an expert in forex trading.
See more about HP Non-repaint MT4 Forex Indicator
Download More Indicators for FREE
You can download more indicators, expert advisors and trading systems from this website for 100% free. Refer to the following links to get them
- Free Download MT4 Forex Indicators
- Free Download MT5 Forex Indicators
- Free Download MT4 Forex Expert Advisors (MT4 Forex Robots)
- Free Download MT4 Binary Options Indicators
- Free Download MT5 Binary Options Indicators
- Free Download eBooks for Traders
How to free download the Trend Rider indicator
You can download the Trend Rider free MT4 forex indicator via the following download button.