Re: Trend Indicators for MT4

1922
MITP Limiares

Coder: Rodrigo S. Franco
Date: October 9, 2026

32 Indicators, signal is qtt number cross of buys & sells triggered as show superpassed a number assignment.

BT = on/off button
“Limiares” is Portuguese for “thresholds” in English.
In Forex trading, it can mean “levels” or “thresholds,” depending on the context.
Example: Limiares de preço = Price thresholds.

“Contagem” is Portuguese for “Count” or “Counting” in English.
In a trading indicator context, it usually means Count (for example, signal count or candle count).
It looks like on the H1 timeframe, green bars mean we should look for **BUY opportunities rather than SELL opportunities**.

Red bars mean we should look for **SELL opportunities rather than BUY opportunities**.

For the bottom indicator, *Remember those currency indicators where, if EUR crosses above USD, we BUY? This indicator works similarly.*