Trend Targets draws one smooth trailing line on MT4 and MT5, and when that line turns it hands you an entry, a stop and three targets already measured.
The trend rule behind the line is the part worth understanding, because it's why the line is smooth in the first place.
The trend is the line's own direction
Most trailing-stop indicators call the trend from where price is relative to the line. Cross the line, flip the trend.
This one asks a different question. The trend is up when the line itself has risen for three consecutive bars, and down when it has fallen for three. Price's position doesn't enter into it.
The consequence is the behaviour you can see on the chart above: price pokes through the line repeatedly without anything changing colour, because a poke doesn't make the line reverse. Only sustained pressure does that, and by then the line has been dragged along with it.
Those pokes get marked. A bar whose high is above the line and whose low is below it, while the trend still holds, gets a small mark — the tool acknowledging that price tested the line and the line won.
Why the line is so smooth
Three layers of smoothing, all of them slow on purpose:
| Setting | Default | What it does |
|---|---|---|
Supertrend ATR Period |
90 | The band's width comes from a long ATR |
Supertrend Factor |
12 | And it's multiplied by twelve |
WMA Length |
40 | The raw trailing value is weighted-averaged |
EMA Length |
14 | Then smoothed again |
A factor of 12 against a 90-period ATR is an enormous band. Most SuperTrend indicators run at 3 against 10. This one is not trying to catch turns quickly; it's trying to produce a line that only changes direction when something real has happened.
The targets
On a trend flip the tool draws a complete measured setup at the flip bar:
- Entry at the close, marked with a small glyph
- Stop at 5 × ATR(14) against the direction
- TP1, TP2, TP3 at 0.5, 1.0 and 1.5 times the stop distance
So the default plan risks 5 ATR to make 2.5, 5 and 7.5 ATR at the three targets. Those multipliers are all inputs, and they're the first thing to change if the geometry doesn't match how you trade. The stop is drawn as a shaded box and the targets as lines extending a few bars to the right.
Show Take Profit Levels turns the whole set off if you only want the line.
The panel counts what happened
Top right, a small table: how many long and short setups the chart produced, and what share reached a target before the stop.
Read it for what it is. It's an arithmetic count over the bars you have loaded, on one symbol, one timeframe, with your multipliers, assuming a fill at the marked entry with no spread and no slippage. It isn't a backtest and it isn't a claim about the future.
What it's genuinely useful for is comparing settings. Change TP1 Multiplier and watch which way the count moves on the same data. That comparison means something; the absolute number doesn't.
You won't find a win rate table in this listing, and I'd be careful with any indicator listing that has one.
What it publishes
Two plotted buffers, the line in each trend direction, so iCustom gives you the level and the state. The entry, stop and target drawings are chart objects and aren't readable that way, though you can reconstruct them from the line and an ATR.
Where it's weak
It is very slow. Factor 12 on a 90-bar ATR, then two smoothings. On H1 a trend flip can be a week apart. That's the design, and if you want more signals this is the wrong tool rather than the wrong settings.
Three bars of line direction is the only trend test. No volume, no structure, no higher timeframe. A slow drift that happens to tick the line up three times counts the same as a real move.
The stop is 5 ATR whatever the setup. It's a volatility distance, not a structural one, so it can sit in the middle of nothing in particular. The targets are all measured from it, so if the stop is wrong they all are.
Setups aren't tracked past their outcome. Once a target or the stop is reached, the entry leaves the pool. There's no partial-fill state and no trailing.
The panel resets on every load. Change timeframe or restart and the counts start again over whatever history is available.
The alert code is present but switched off in this build. The tool draws and scores; it doesn't message you.
Questions you'll have
Does Trend Targets repaint? The line is a trailing average and its most recent value moves with the forming bar, as any trailing stop does. Historical values and the entry, stop and target drawings stay where they were placed.
Why didn't the trend flip when price crossed the line? Because the trend isn't defined by price crossing. The line itself has to move in the new direction for three consecutive bars.
What are the small marks on the candles? Bars where price traded through the line without the trend changing. The tool marking that the line was tested and held.
Why are there so few signals? Factor 12 on a 90-period ATR, smoothed twice. It's deliberately slow. Lower the factor if you want more, and expect the line to become noticeably less smooth.
Is the panel percentage a win rate I can expect? No. It counts, on the bars you have loaded, whether a target was reached before the stop, assuming a perfect fill. Use it to compare your own multipliers against each other.
Can an EA read the trend? Yes. Both direction lines are plotted buffers, so iCustom gets the level and the state.
Best timeframe? H1 and H4. On M15 and below the smoothing makes the line lag a long way behind price.
MT4? Both platforms are included, one download each. Same trend rule, same target geometry, same panel.
Support
Message me through the site with a screenshot, the symbol and the timeframe, and I can tell you why the trend did or didn't flip. Updates are included for as long as your subscription runs.
Analysis tool. It places no trades and makes no profitability claim. Past price behaviour is not a guide to future price behaviour.