Description: The TSR Big Trend forex trading indicator follows the overall trend and draws blue and red lines on the charts. Blue line means up trend while red line means down trend. A buy signal occurs when the signal line changes color from red to blue. On the contrary, a sell signal occurs when the signal line changes color from blue to red.
File Name: (T_S_R)-BigTrend .ex4
Metatrader 4 Screenshot:
EUR/USD Weekly Chart
Features: Works on any currency pair and time frame, modify colors, free licence, Metatrader 4 ready.
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Risk Disclosure: Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.