Trade Assistant MT4 Indicator

  • 📌 Type: Signal Indicator for MetaTrader 4
  • 📌 Purpose: Identifies BUY & SELL opportunities using momentum oscillators
  • 📌 Oscillators Used:
     ✔️ RSI (Relative Strength Index)
     ✔️ Stochastic Oscillator
     ✔️ CCI (Commodity Channel Index)
  • 📌 Display: Signals in a table format in a separate window below the main chart
  • 📌 Timeframes Covered: M1 to H4 (multi-timeframe analysis)
  • 📌 Features: Customizable settings, multi-timeframe confirmation
  • 📌 File Size: Zip file (34.2 KB)

📌 Overview:
 ✔️ The Trade Assistant Indicator for MT4 is a multi-timeframe signal indicator that helps traders identify high-probability trade opportunities using a combination of popular oscillators.

📌 Core Functionality:
 ✔️ Displays BUY/SELL signals in a dedicated panel under the main chart.
 ✔️ Uses RSI, Stochastic, and CCI independently to generate signals.
 ✔️ Provides a clear visual representation of the market trend across multiple timeframes.

📌 Timeframe Analysis:
 ✔️ Shows signals from M1 to H4 for comprehensive market scanning.
 ✔️ Allows traders to spot aligned signals across timeframes for stronger confirmation.
 ✔️ Helps in detecting early trend shifts or multi-timeframe divergence.

📌 Signal Interpretation:
 ✔️ BUY Signal: Oscillator suggests oversold conditions or upward momentum.
 ✔️ SELL Signal: Oscillator suggests overbought conditions or downward momentum.

📌 Benefits:
 ✔️ Easy-to-Read Table: Consolidates signals from multiple indicators & timeframes.
 ✔️ Highly Customizable: Adjust settings for RSI, Stochastic, and CCI.
 ✔️ All-Skill Friendly: Suitable for beginners and advanced traders.
 ✔️ Works with All Strategies: Perfect for trend-following, scalping, and swing trading.
 ✔️ Timeframe Versatility: Monitors market behavior on short-term and mid-term levels.

📌 Why Use It:
 ✔️ Multi-Timeframe Confirmation → Improves accuracy of trade entries.
 ✔️ Indicator Combination → Reduces false signals by cross-verifying momentum indicators.

📌 File Details:
 ✔️ Download Size: 34.2 KB (ZIP file)

Input Settings & Controls

🔍 Stochastic Settings

  • PercentK – The main line of the Stochastic Oscillator that measures the current price relative to its price range over a specified period.

  • PercentD – The signal line (moving average of %K) used to generate trade signals.

  • Slowing – The smoothing factor applied to %K to reduce noise and improve signal accuracy.

📈 RSI Settings

  • RSIP1 – The period setting for the RSI calculation (number of bars considered).

  • RSIP2 – The overbought level threshold; signals potential reversal when RSI exceeds this value.

🔤 Wingdings Symbols

  • sBuy – Symbol displayed when a BUY signal is triggered.

  • sSell – Symbol displayed when a SELL signal is triggered.

  • sWait – Symbol displayed when the market is in a neutral or waiting condition.

  • sCCIAgainstBuy – Symbol shown when CCI signals are against a BUY trade.

  • sCCIAgainstSell – Symbol shown when CCI signals are against a SELL trade.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

Risk Disclaimer

  • TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
  • We are not SEBI Registered Investment Advisors or Research Analysts.
  • All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
  • We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
  • TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
  • If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
  • Any such use is at the user’s sole discretion and risk.
  • We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
  • Use of our software, tools, or services.
  • Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
  • All market data and content provided are subject to delays, inaccuracies, or errors.
  • Past performance (actual or hypothetical) is not indicative of future results.
  • Hypothetical or backtested performance may not reflect the impact of actual market conditions.
  • Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
  • Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
  • Automated signals or scanners are tools for evaluation—not trading instructions.
  • TrendCharts content does not account for personal financial conditions, goals, or investment profile.
  • Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
  • Do not rely solely on any information presented on our site for actual trades.
  • Datafeeds and information may be delayed as per data vendor policies or exchange requirements.
  • We do not guarantee the real-time accuracy, timeliness, or completeness of such data.
  • No legal claim may be made against us or our data providers based on inaccuracies.
  • Any user testimonials are individual opinions and may not represent the typical user experience.
  • Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
  • All opinions, data, signals, and analyses shared on the website are subject to change without notice.
  • TrendCharts reserves the right to modify tools, content, and services at its discretion.
  • Our software or product names are for branding purposes only and do not imply any market prediction or financial guarantee.
  • No claim is made regarding profitability from any software usage.
  • All content—charts, indicators, tools, or data—is designed for testing, analysis, and learning.
  • No real-money trading or investment recommendations are provided or supported.

⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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