Follow Trend Indicator

The Follow Trend Indicator for MT5 is a simple yet powerful trading tool designed to track price direction, detect potential reversals, and highlight trend continuation opportunities. Using an algorithm based on recent candlestick sentiment, the indicator plots easy-to-read blue and red lines directly on your chart. These visual cues help traders instantly identify whether the market is in a bullish or bearish phase.

Whether you are a beginner learning trend-following strategies or an experienced trader refining your system, the Follow Trend Indicator offers clean, actionable insights. It works effectively across different trading styles—scalping, day trading, and swing trading—making it a versatile addition to any MT5 toolkit.

How the Follow Trend Indicator Works

The indicator uses smart sentiment analysis derived from recent candlestick behavior. This internal algorithm evaluates the price structure and determines whether buyers or sellers currently dominate the market.

 Trend Lines: Blue for Bullish, Red for Bearish

Blue Line: Signals a bullish trend when the price stays above it.

Red Line: Signals a bearish trend when the price stays below it.

These lines help traders quickly assess overall trend direction.

Confirmation Dots

The indicator also displays:

Blue Dot: Confirms bullish continuation

Red Dot: Confirms bearish continuation

These dots provide an added layer of confirmation, helping traders reduce false entries.

 Works on All Markets

You can apply the Follow Trend Indicator on:

Forex

Indices

Crypto

Metals

Stocks

Its adaptability makes it suitable for both trending and ranging environments when used with price action.

Follow Trend Indicator BUY/SELL Signals

The indicator performs best when combined with price action patterns, making its trend readings more reliable. The chart typically shows colored lines and dots, giving you clear entry confirmation.

BUY Setup (Bullish Trend)

Follow these steps for a strong long entry:

Price must be above the blue line.
This indicates the market is in a bullish phase.

Look for the blue dot, signaling trend strength and continuation.

Wait for a bullish reversal candlestick pattern, such as:

Bullish engulfing

Hammer

Pin bar

Enter your BUY / LONG position when momentum aligns with the trend.

SELL Setup (Bearish Trend)

Follow these steps for a high-probability short entry:

Price must be below the red line.
This confirms bearish market sentiment.

Ensure the red dot appears as confirmation.

Look for a bearish price action pattern, such as:

Bearish engulfing

Inverted hammer

Bearish pin bar

Enter your SELL / SHORT position when trend and price action agree.

Best Ways to Use the Follow Trend Indicator

Combine With Support and Resistance

Trend direction becomes more reliable when used with structural levels.

Use With Higher Timeframes for Confirmation

For example:

Trade on M15

Confirm trend direction on H1

This multi-timeframe approach improves accuracy.

Apply Risk Management

Because trends can reverse unexpectedly, consider:

Stop-loss below recent swing lows (for buys)

Stop-loss above swing highs (for sells)

Conclusion

The Follow Trend Indicator for MT5 is a straightforward yet effective tool for detecting market direction, spotting reversals, and confirming trend strength. Its red and blue lines, along with confirmation dots, make analysis simple and fast—ideal for all skill levels. This indicator can significantly improve your decision-making and help increase long-term profitability when used correctly.

You can download the Follow Trend Indicator for free at IndicatorForest.com and start enhancing your trend-trading strategies today.