Home Forex Service Review MyTrendLines MT4 Indicator Review

MyTrendLines MT4 Indicator Review

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MyTrendLinesMT4 was created and uploaded by Almat Kaldybay on the 23rd of February 2019, it can be found on the MQL5 marketplace and has had a number of updates, the most recent update was on the 3rd of May 2019 and it is currently on version 3.0.

Overview

MyTrendLinesMT4 is an indicator for the MetaTrader 4 platform, its main purpose is to draw trend lines onto the specific chart and timeframe. The lines will be drawn based on the last two known fractals of the specific periods.

The lines will be drawn from the accuracy of 15 minutes which will allow it to analyze the smaller timeframes (minimum is M15) without losing any of its accuracies.

There area number of parameters available that will alter the ay that the indicator functions:

  • Trend lines period settings
  • Breakout and notification period settings
  • Enable or disable push notification settings
  • Resistance line color settings
  • Resistance line style settings
  • Resistance line width settings
  • Support line color settings
  • Support line style settings
  • Support line width settings

Service Cost

The indicator can be purchased for $30, this is a one-off payment that will get you 5 activations, you are also able to rent it on a monthly basis, this will cost you $10 per month to do so.

There is a free demo, the details and limitations of the demo version are not stated on the site, it may only be used with the strategy tester but we do not know for sure.

Conclusion

Unfortunately, there are no user reviews or comments available so we do not know whether people are finding it useful or if it is, in fact, doing what it is meant to be doing. Due to there being no reviews we would suggest trying out the free demo version and also contacting the developer, this will enable you to make sure that it will work for you and that it is something that you could use, but also that the developer is still active and will be able to offer any customer support that you may need.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/36167

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