MT5 indicators: Trend

Hello Deriv Community,

Trend indicators aim to objectively evaluate the direction of the trend by smoothing out price data and representing it with a single line, such as a moving average. Because they smooth out the data, these indicators tend to lag behind price changes and are often referred to as trend-following indicators.

The Trend Indicator for MT5 is specifically designed to inform traders whether a particular asset is in an uptrend or downtrend so that they can adjust their market bias accordingly. The indicator is overlaid on a price chart and changes the colour of the price candles from brown to blue when the market trend shifts from down to up and vice versa.

Where to find the Trend Indicator

  1. Log in to your MT5 account.
  2. Click Insert on the toolbar menu.
  3. Click Indicators.
  4. You will see the Trend Indicator.

Screenshot 2022-12-22 8.19.23 PM

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