TCM Trend Indicator
Marks trend setups on closed candles and draws a ready-made trade plan for the latest one: entry, stop-loss and take-profit at the risk-to-reward you choose. You decide whether to take it.
- MT4 + MT5
- Version 1.00
- Any symbol, any timeframe
- Phone alerts
Illustration with made-up candles. Switch the layers on and off as you can in the indicator's settings.
A clear chart, and a plan for each setup
The detection rules are fixed inside the indicator and kept private. What you control is how the plan is drawn and how you're alerted.
Arrows on closed candles only
An arrow appears once its candle has closed and never moves or disappears afterwards.
Trade plan lines
Entry, stop-loss and take-profit for the latest setup, at 1:1, 1:2, 1:3 or a custom reward multiple.
Alerts that don't nag
A pop-up and an optional push to the MetaTrader phone app, once per new setup.
Bullish and bearish wording
The chart shows setups and levels, never "buy now" instructions.
Check the arithmetic behind a plan
The indicator draws these levels for you. This shows how the reward multiple and your costs change the win rate a plan needs.
Every input, in plain English
| Setting | What it does | Default |
|---|---|---|
| Show entry, stop-loss and take-profit | Draws the trade plan lines for the latest setup | On |
| Risk : reward | Distance of the take-profit as a multiple of the risk: 1:1, 1:2, 1:3 or custom | 1:3 |
| Custom reward multiple | Used when Risk : reward is set to Custom | 2.0 |
| Pop-up alert | MetaTrader alert window on each new setup | On |
| Phone notifications | Sends the alert to the MetaTrader app (set your MetaQuotes ID first) | Off |
| Arrow distance | Gap between the arrow and the candle, in ATR | 0.25 |
| Show title | Name and status line in the top corner | On |