Trend Intensity Index Indicator MT4/MT5 : A Powerful Tool for MT4/MT5 Traders

BESTMT4EA trades automatically & earns stable profit every day without big drawdown. Most Profitable Forex Robot & Forex EA.

Hurry and get 20% discounts

Coupon Code: bestmt4eacom

$0.00

OR

20 People watching this product now!

Payment Methods:

payment methods

Instant Download

Lifetime Access

The foreign exchange market, or forex for short, thrives on trends. But not all trends are created equal. Discerning strong trends from fleeting whims is crucial for maximizing profits and minimizing losses. This is where the Trend Intensity Index (TII) indicator steps into the trading arena, empowering MT4/MT5 users with a unique perspective on trend strength.

This comprehensive guide delves deep into the TII indicator, exploring its inner workings, strategic applications, and potential pitfalls. Whether you’re a seasoned trader or a curious newcomer, this exploration will equip you to harness the TII’s power and elevate your trading decisions.

Decoding the TII: Unveiling the Indicator’s Core

The TII, developed by technical analyst M.H. Pee, transcends the realm of mere trend direction identification. It ventures further, offering valuable insights into:

  • Trend Strength: Quantifying the force behind a trend allows for informed decisions on entry, exit, and position sizing.
  • Ideal Holding Times: Understanding the trend’s staying power facilitates the determination of optimal trade durations.
  • Strategic Entry Points: The TII’s signals can guide traders towards entry points aligned with the prevailing trend direction.

At its core, the TII calculates the ratio between positive and negative deviations from a moving average. This ratio translates into a numerical value, typically displayed as a line oscillating between 0 and 100.

Here’s a table summarizing the key aspects of the TII:

Feature Description
Indicator Type Trend Strength
Platforms Supported MT4, MT5
Calculation Method Ratio of positive & negative deviations from a moving average
Displayed Value 0-100 (higher values indicate stronger trends)

Setting the Stage: Configuration Options for the TII

The default TII configuration in MT4/MT5 utilizes a 60-period simple moving average (SMA) and a 30-period window for calculating deviations. However, these parameters are customizable to suit your trading style and preferred timeframe.

Key Configuration Options:

  • Moving Average Period (Default: 60): This value dictates the timeframe over which the trend is assessed. A shorter period emphasizes recent price action, while a longer period offers a broader trend perspective.
  • Deviation Period (Default: 30): This parameter defines the window used to calculate deviations from the moving average. A shorter period focuses on immediate price fluctuations, while a longer period smooths out noise.

Experimenting with these settings allows you to tailor the TII to your specific trading needs. Consider your preferred timeframe, risk tolerance, and trading approach when customizing the indicator.

Interpreting the TII: A Roadmap to Informed Decisions

The TII’s value provides valuable insights into trend strength. Here’s a breakdown of the general interpretations:

  • Values Above 70: Indicate a strong trend, potentially suggesting favorable opportunities for trend-following strategies.
  • Values Between 50-70: Signal a moderate trend, where cautious entry and risk management become crucial.
  • Values Below 30: Suggest a weak trend or potential trend reversal, urging a shift to consolidation or range trading strategies.

Remember, the TII is just one piece of the puzzle. Combining it with other technical analysis tools like price action confirmation or volume analysis strengthens your trading decisions.

Leveraging the TII: Practical Strategies for MT4/MT5 Users

Now that you understand the TII’s core functionalities, let’s explore practical applications:

1. Trend Confirmation:

The TII can act as a confirmation tool for existing trends identified through price action analysis. A rising TII alongside an uptrend on the price chart bolsters confidence in a potential long trade. Conversely, a declining TII during a downtrend signifies weakening momentum and potential reversal.

2. Entry Point Identification:

The TII’s fluctuations can provide clues for entry points. Look for a rise in the TII coinciding with a price pullback within an established uptrend. This pullback might represent a buying opportunity. Conversely, a falling TII during a downtrend with a price rally could signal a potential shorting opportunity.

3. Stop-Loss Placement:

Utilize the TII to refine stop-loss placement. In a strong uptrend with a high TII value, a wider stop-loss might be acceptable due to the trend’s presumed strength. Conversely, a weak trend with a low TII value suggests a tighter stop-loss to mitigate risk.

Beyond the Basics: Advanced TII Techniques

While the fundamental interpretations are valuable, advanced TII techniques can further enhance your analysis:

1. Divergences:

  • Bullish Divergence: This occurs when the price creates a lower low while the TII forms a higher low. It suggests a potential weakening of the downtrend and a possible trend reversal.
  • Bearish Divergence: Here, the price makes a higher high while the TII forms a lower high. This hints at a potential exhaustion of the uptrend and a possible reversal to the downside.

2. Trend Channel:

Construct a channel using the TII’s historical highs and lows. Price movements within the channel suggest a continuation of the trend. Breakouts above the channel might signal trend acceleration, while breakouts below could indicate a trend reversal.

3. Multiple Timeframe Analysis:

Analyze the TII on different timeframes (e.g., daily, hourly) to gain a broader perspective. Consistency in the TII’s direction across timeframes strengthens the trend’s validity.

Remember, these advanced techniques require practice and experience for accurate interpretation. Backtesting with historical data can help you refine your TII analysis skills.

Advantages and Limitations: Weighing the TII’s Impact

Advantages:

  • Trend Strength Quantification: Provides a numerical value for trend strength, facilitating informed trading decisions.
  • Improved Entry and Exit Points: Guides entry and exit points aligned with the prevailing trend direction.
  • Customizable Parameters: Adaptable to various trading styles and timeframes through configurable moving average and deviation periods.

Limitations:

  • Lagging Indicator: The TII reacts to past price movements, potentially leading to delayed signals.
  • False Signals: Market noise and volatility can generate misleading TII signals.
  • Confirmation Tool: Works best when combined with other technical analysis methods for stronger trade validation.

By understanding both the strengths and weaknesses of the TII, you can effectively integrate it into your trading strategy.

Frequently Asked Questions (FAQ)

1. What are the default settings for the TII in MT4/MT5?

The default settings are a 60-period simple moving average (SMA) and a 30-period deviation window.

2. Can I change the TII’s settings?

Absolutely! Experiment with different moving average periods and deviation windows to tailor the TII to your trading style and preferred timeframe.

3. Is the TII a perfect trading tool?

No indicator is foolproof. The TII can generate false signals due to market volatility. Combine it with other technical analysis methods and practice risk management for optimal results.

4. How can I improve my TII analysis skills?

Backtest the TII with historical data to understand its behavior under different market conditions. This allows you to refine your interpretation of the indicator’s signals.

5. What are some good trading strategies to use with the TII?

The TII excels in trend-following strategies. It can be used for trend confirmation, entry point identification, and stop-loss placement within established trends.

6. Where can I learn more about the TII?

Several online resources discuss the TII in detail. Search for articles or videos explaining the indicator’s calculation, interpretation, and trading applications.

Remember, successful trading hinges on a combination of knowledge, experience, and sound risk management. The TII serves as a valuable tool within your technical analysis toolbox, empowering you to make informed decisions in the ever-evolving forex market.

Reviews

There are no reviews yet.

Be the first to review “Trend Intensity Index Indicator MT4/MT5 : A Powerful Tool for MT4/MT5 Traders”

Onetime Payment

Pay once, use forever. No need for monthly subscription.

Lifetime Access

You will get lifetime access to download from the dashboard.

Multiple Accounts

You will get unlimited version to use on multiple accounts.

FEATURES

Automated System

Opens, manages, and closes the best trades for you. No need to lift a finger.

Great Trading Strategy

Plots chart price in real time to find the best entry and exit points with no lag.

Fully Optimized Settings

Comes loaded with optimized settings for all common forex pairs.

Real Time Broker Shield™

Keeps shady brokers from trading against you by guarding your trade information.

Most Popular Forex Robot

The #1 choice of professional forex traders using expert advisors.

Simple To Setup And Use

Designed for any skill level. Get up and running in less than 5 minutes.

profit man
shop with confidence
Pay Once Use Forever. Lifetime Access with Multiple Accounts.
Hurry! Special Discount is only available for first 50 orders.

90 Days Money Back Guarantee

Offer will End & Price will go up very soon. If you want consistent profit, do not think, Just click the Buy Now button.

Best Forex Brokers

Based on regulation, award recognition, mainstream credibility, and overwhelmingly positive client feedback, these six brokers stand out for their sterling reputations:

NoBrokerMin. DepositPlatformsAccount TypesGet Offer
1.RoboForex$10MT4, MT5, RTraderStandard, Cent, Zero SpreadWelcome Bonus $30
2.ICMarkets$200MT4, MT5, CTraderStandard, Zero SpreadBest Paypal Broker
3.Exness$1MT4, MT5Standard, Cent, Zero SpreadFree VPS
4.XM$5MT4, MT5Standard, Micro, Zero Spread20% Deposit Bonus
5.AvaTrade$100MT4, MT5Standard, Cent, Zero SpreadTop Forex Broker
6.XBTFX$10MT4, MT5Standard, Zero SpreadBest USA Broker
7.FXTM$10MT4, MT5Standard, Micro, Zero SpreadWelcome Bonus $50
8.FBS$5MT4, MT5Standard, Cent, Zero Spread100% Deposit Bonus
9.Binance$10Binance PlatformsN/ABest Crypto Broker
10.TradingViewFreeTradingViewN/ABest Trading Platform

Make Smarter Investments with Expert Guidance

Tired of managing your investments alone? At Finance Brains, we do the heavy lifting – so you can focus on what matters. Our expert advisors and AI-powered technology work together to create a custom portfolio tailored to your unique goals and risk tolerance.

INDICATOR BESTMT4EA

FREQUENTLY ASKED QUESTIONS

The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US $3.98 trillion in April 2010 by the Bank for International Settlements.

Expert Advisors (EA) / Forex Robot are used to render the trading process automatic allowing to exempt the trader from continuous watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is robotic script written in MQ4 language. It can work in the Metatrader 4 trading platform.

Yes it is easy to use. Forex Robot is based on a new generation technology that allows you with a few clicks to install, run and start earning money. No need to be professional. Everyone can do it. It is completely hands free and the whole process is 100% automated.

Yes it is too easy. Just a few steps and you will be ready to use Forex Robot. You will also get a guide when you purchase any Forex Robot, it will help you to install EA. If you still need any help please contact with us.

Yes Forex Robot can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don’t need to monitor you trades. Our Forex Robot will do it for you. It will monitor the trades, open and close positions automatically.

MT4 is a free trading platform. You can download it from the official web sites of your broker. Here is the list of most popular brokers.

First you need a computer with a minimal hardware configuration and a stable internet connection. Second you need to install Metatrader 4 trading platform. You don’t need to have any additional Forex knowledge.

You can use any broker that offers the Metatrader 4 trading platform. But for Best Result we suggest you to trade with most popular brokers.

You can use Forex Robot with Multiple Accounts. There is no restrictions.

You don’t need to trade yourself. Just turn on Forex Robot and let it trade using your account to bring some profit for you. Of course you can trade manually too. But we recommend that you use only Forex Robot to avoid any loss.

Yes we offer free updates of our robot. Our development team will not stop improving of the Forex Robot and make it competitive on the market under actual market conditions.

We know that the money is the main question. We know well that many people don’t have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends to your brokerage company too. You can start trading with a small amount as $50.

Every Forex Robot is unique. Please check the guide before trading. If you don’t understand which one is suitable please contact us.

Yes we provide customer support. Our support team is working 24/7 for you. If you have any questions about our robot don’t hesitate to contact us.

Yes you can use. Please Backtest before using it in a real trading. Or use Demo Trade for at least one month with your broker spread and proper balance. Never use in live trading with any pair without demo testing. It is always better to invest time before losing any money.

We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the Forex market opening on Monday to the market closing on Friday. Crypto market is open everyday 24×7.

If you can’t keep your PC / Laptop on 24 hours a day so better choice is to get a vps service.

Robot will stop working. You must have to start the robot as soon as possible. Otherwise your running trades will not be closed and it may occur big draw down.

We accept payments by Neteller, Skrill, Bitcoin, Perfect Money, Paypal, MasterCard & Visa. If you don’t have any Paypal you can select custom method during checkout & pay manually.

You have to fulfill only three easy steps to get special discount. Please check the details here.

After completing the successful payment, you will get instant download option from the Dashboard. Please click here to get your download link.

How to Place Order

In order to do download any of our premium trading tools,
Proceed to the Product page;
Scroll down to see the ADD TO CART button, click on it and proceed to the checkout page.

In checkout page;
First apply your discount code if you have any; then fill out the form.
Then select your payment method.
We are now accepting PayPal, Visa, Master Card, Bitcoin, Neteller, Skrill, Perfect Money, Google Pay & Bank Transfer.

Tick Terms & Conditions Box & Click Place Order.

Complete the payment.

 

How To Download

After Completing the Payment you will be able to download Expert Advisor and Indicator from dashboard. Please check Download Folder. If you paid manually please contact immediately. Admin will update the order and then you will get download option in the dashboard.

How To Install EA

After completing the download in your computer or laptop you have to extract the file using WinZip software. Please check How do I Install an Expert Advisor on MT4 article or check the following video.

 

Verified Performance