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Trend Hunter is an MT4 indicator that follows longer-term trends and marks entry signals, each with a calculated stop loss and several take profit levels. It offers three display modes and a scanner for checking trend direction across instruments and timeframes.
Get one message the moment it launches, with its price.
Trend Hunter is a trend-following indicator for MetaTrader 4. It looks for the direction of longer-term moves, marks entry points that agree with that direction, and attaches a stop loss and several take profit levels to each signal.
When the indicator detects a trend-based entry, it prints a signal on the chart. The developer states that a signal stays fixed once it has appeared. For each signal it works out a stop loss and a set of take profit targets. The targets are multiples of the stop loss distance, labelled TP1, TP2, TP3, TP5 and TP7, so you can close a position in stages if that suits your plan.
The menu sits at the bottom of the chart, so you can switch styles without opening the settings window.
A separate scanner view lets you see the indicator direction across different instruments and timeframes, which helps when you want to check several markets without opening many charts.
The indicator is aimed at forex, CFDs, metals and cryptocurrencies. It can be attached to any timeframe, but a trend tool behaves differently on a short chart than on a daily one. Try several symbols and timeframes on a demo account and compare how often signals appear and how the levels sit relative to price.
| Setting | Purpose |
|---|---|
| Send Alert | Shows a terminal alert when a signal appears |
| Send EMail | Sends an email notification |
| Send Notification | Sends a push message to the MT4 mobile app |
| Show Trend Data | Displays trend information in Classic mode |
| Show Signals Data | Displays additional trend signal information in Classic mode |
| Show SL/TP Data | Displays stop loss and take profit details in Classic mode |
| Font Size | Sets the size of on-chart text |
| Bars to calculate | Limits how many bars are used for the calculation |
| Initial style | Chooses the style shown when the indicator loads |
Default values can differ between releases, so check the inputs tab after loading. Email and push alerts also need to be set up in the MT4 options.
Trading carries risk, and past results do not predict future ones. Signals and take profit levels are not a promise of any outcome. Test on a demo account first and size positions to a loss you can accept.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (not an automated trading robot) |
| Strategy tags | Signals, Trend |
| Markets | Forex, CFDs, metals, cryptocurrencies (as offered by your broker) |
| Timeframes | Any chart timeframe; test which suits your style |
| Trade style | Trend following with staged profit targets |
| Notifications | Terminal alert, email and mobile push |
| Requirements | MT4 terminal; email and push need setup in MT4 options |
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No. It is an indicator, so it draws signals and levels on the chart and can send notifications. You decide whether to open, manage or close a trade, and you place orders yourself.
This listing is for MetaTrader 4. An MT4 indicator will not load in MT5, so check that your terminal is MT4 before buying.
The developer states that a signal stays in place once it appears. As with any indicator, you should confirm this yourself by watching it live on a demo account before relying on it.
Unpack the download, copy the indicator file into the MQL4/Indicators folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the indicator onto a chart and allow it to run.
Start with the display style, the number of bars to calculate and the notification switches. If you want email or push messages, also configure those in the MT4 Tools, Options menu. The notification switches only work once the terminal itself is set up.
It should work with any broker that offers MT4, since it only reads chart data. Symbol names and available markets differ by broker, so check that your instruments appear in Market Watch. Try it on a demo account first.
Trend Hunter
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