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Forex Service Review

Trend Continuation Strategy Indicator Review

The Trend Continuation Strategy can be found within the indicator section of the MQL5 marketplace. We have provided a link to it below. The indicator was uploaded by Gary Sharp on the 21st of October 2018, it has an update on the 11th of November 2018 which brought it up to the current version of 1.4.

Overview

The Trend Continuation Strategy is an indicator for the MetaTrader 4 trading platform and can be used on any time frame and on any symbol. The indicator uses Stochastic crossovers that occur below the 20 levels and above the 80 levels, which will then be confirmed by the slope of the EMA50. The indicator will suggest buffers, take profits and stop losses with each signal.

There is also a market scanner, this will scan the markets and will apply the strategy above to 28 currency pairs, including Gold and Silver. It will then give out trade alerts when the conditions are met.

Service Cost

The Trend Continuation Strategy cannot be purchased outright, instead, you are required to rent it, you are able to rent it on a monthly basis which will cost you $10 per month, you are also able to rent if for three months which will cost you $15 for the three months. There is a free version available, this will have some limitations but they are not currently stated on the site so we do not know what the limitations are.

Conclusion

Unfortunately, there aren’t any reviews available for this indicator, there are some comments and just as, unfortunately, the developer does not seem to be replying to the most recent comments. We would suggest getting in contact with the developer just to make sure that he is active in his support for the indicator. We would also highly recommend that you download and try out the free demo version, just to make sure that it functions the way that you need it to prior to making a rental purchase.