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GLS-StarTrend Forex Indicator and Forex Trading System.

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GLS-StarTrend Version 2.02 is now released.


GLS-StarTrend MultiTrend Indicator Version 2.02 -


Features Overview.

  • GLS-StarTrend is a multitrend forex indicator for the MetaTrader 4 platform.
  • Display up to to 9 forex trends in ONE chart, -gives you the uncluttered multitrend overview you always have wished to have.
  • new Speech announcements of Signals. The indicator will now announce Long and Short signals in the English Language. The sound for Neutral signals (yellow bars) is as before.
  • new Windows Vista (tm) Compatible.
  • The GLS-StarTrend is a proprietary but powerful indicator designed to show trends in one or many timeframes at the same time.
  • "The Trend is your Friend" phrase gets a new meaning! You can now easily see which of your "friends" is with you or against you. Trading with the trend can increase your chance for successfull trade with up to 30%. However, the problem is that many people has difficulties identifying the current trend and therefore trades against it. Now, you can see all the trends you wish, using only one chart. A good setup is to display the trends for the current timeframe and the trend one timeframe above (and eventually the trend one timeframe below, for better timing).
  • Compact display format makes it very easy to see at a glance the trend directions for many different timeframes using only one chart.
  • More of the internal formula is made visible for the user with dual color coded trends (trend strength).
  • It is designed to be robust and not sensitive to whipsaws, as long as the internal math’s calculates the trends to be intact.
  • Built in "anti-whipsaw", thru a proprietary formula utilizing sophisticated Hysteresis and Schmidt Trigger techniques.
  • Use it stand-alone or as a foundation to strengthen your existing trading system. There exists no conflict doing so.
  • A one-button popup screen will show the signals from each trend in numeric format.
  • Three distinct different audible alerts let you hear easily if the trend is changing to up, neutral or down.
  • Full support for e-mail/sms alerts (see e-mail alert example below).
  • VOX Trigger support for PMR/FRS type license free Walkie Talkies for being able to transmit the alert sound on air (like a baby monitor). In Europe, a PMR radio typical has a range of 3 kilometers.Abbreviations:•VOX = Voice Operated Transmitter = Automatic. trigger of the transmitter. The "X" = Short for Xmitter.•PMR = PMR446 Personal Mobile Radio (for Europe).•FRS = Family Radio Service (for USA).•All sound alerts & VOX support can be turned off/on individually for each timeframe by the user from the indicator setup panel.• A comprehensive, how to use the GLS-StarTrend Indicator -pdf manual is included.


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E-Mail Alert layout in the GLS-StarTrend ver. 2.02.


The Line below is the subject header line in the email alert.Subject:
GLS-StarTrend * * * Alert * * * EURUSD Long @ 1.2133

In the e-mail body itself, it is also shown where the current rate is at the alert moment, relative to the daily High and Low. It is easy to read because the pip distance to the daily High and Low is also shown.

GLS-StarTrend - ver.2.02 * * * Alert * * *

DateTime: 2009.04.24 17:30
Symbol: EURUSD
Chart Period: 60
StarTrend Timeframe: 60

Daily High: 1.2154
HighToClose: --------->21
Close Price: ------------------->1.2133
LowToClose: --------->109
Daily Low: 1.2024

Signal: Long @ 1.2133


Below is an example of an extreme GLS-StarTrend chart with dual trendcolors & all trends visible.

The green uptrends and the red down trends are displayed using
two related colors for each trend. The more intense the color are, the stronger the trend.
Note: The example here, are extreme, because you will probably never display all possible 9 trends like this at once. It is a bit overkill and is shown here for demonstration purposes only. But if this is what you want, it is indeed possible to display all trends in 9 timeframes likes this in ONE chart, -or you can freely set up just the trends you need, from the 1 minute to the monthly timeframe.



Below is an example of an extreme GLS-StarTrend chart with single trendcolors & all trends visible.

If you don't like the trend display above (too much colors), you can set up the GLS-StarTrend to just display single colors for each trend like the chart below. However, the chart above is more informative as the additional trend strength is display there too, but not below.

Note: The example here, are extreme, because you will probably never display all possible 9 trends like this at once. It is a bit overkill and is shown here for demonstration purposes only. But if this is what you want, it is indeed possible to display all trends in 9 timeframes likes this in ONE chart, -or you can freely set up just the trends you need, from the 1 minute to the monthly timeframe.



Below is an example of an extreme GLS-StarTrend chart with single trendcolors & all trends visible.
Here is another picture of the screen without displaying the new dual color trends (this is user settable).



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