Daily Dynamic Trend Multi Currency V4 Indicator: A Table

Written by Dominic Walsh · Published 6 Aug 2026 · Last updated 26 Aug 2026

The daily dynamic trend multi currency v4 indicator draws no lines at all. It builds a table. One row per symbol. Every figure comes from that symbol’s own daily series. So the table reads the same from an M5 chart as from a D1 one.

This build ships as a compiled .ex4 for MT4 and .ex5 for MT5; the screenshots below come from EURUSD H1.

Platforms	MT4 (.ex4) + MT5 (.ex5)
Chart window	Main price chart
Plots	0
Alerts	popup, push notification, email, sound
Inputs	33

What the Daily Dynamic Trend Multi Currency v4 Indicator draws on the chart

A corner table built from OBJ_LABEL and OBJ_RECTANGLE_LABEL objects.

Four columns per row: trend state, day-on-day change, distance in ATR units, and days held.

Row shading runs from neutral slate toward green or red as the ATR distance grows.

No price buffers exist, so the chart itself stays completely clean.

How the Daily Dynamic Trend Multi Currency v4 Indicator calculates its values

Classifying the trend state

A daily EMA at `InpEmaPeriod` `20` sets the reference. slope takes that value minus its reading `InpSlopeBars` `3` days earlier. UP needs the close above the average and a non-negative slope. DOWN needs the mirror. Anything else reads FLAT.

Making symbols comparable

The ATR column takes the close minus the daily average, divided by Wilder ATR at `InpAtrPeriod` `14`. Dividing by ATR is what lets a yen pair and a dollar pair sit in the same column. `InpScaleAtr` `1.50` sets where the row shading saturates.

Resolving broker symbol names

The code detects a suffix from the chart symbol. It then probes each requested name both with and without it. A symbol the broker does not carry prints n slash a. One whose history has not arrived prints three dots. A zero there would read as unchanged, which is false.

How to read the signals

The DAYS column tells you how long a state has already held.

A large ATR figure means price has stretched a long way from its daily average.

FLAT is a real answer here, not a gap in the data.

Row colour finds the extremes before you read a single digit.

Alert channels in this build: popup, push notification, email and sound, one message per closed bar.

`EnableAlerts` ships on and `EnablePopup` delivers the text. `EnablePushNotify`, `EnableEmail` and `EnableSound` all start false. `SoundFile` picks the clip. A message goes out once per closed bar, and only when a trend state actually flips.

Every Daily Dynamic Trend Multi Currency v4 Indicator input

Core settings: Symbols

Setting	What it does	Default
InpSymbols	Symbol list (chart symbol is added automatically). Symbol list, defaulting to the seven majors. The chart symbol joins automatically.	EURUSD,GBPUSD,USDJPY,USDCHF,USDCAD,AUDUSD,NZDUSD
InpAddChartSym	Add the chart symbol to the list if it is missing. Adds the chart symbol when the list omits it, default `true`.	on
InpSuffix	Broker suffix (blank = auto-detect from the chart symbol). Broker suffix, blank by default so the code detects it.

Core settings: Daily trend definition

Setting	What it does	Default
InpEmaPeriod	D1 EMA period that defines the trend. Daily average that defines the trend, default `20`.	20
InpSlopeBars	Days the EMA slope is measured over. Days the slope is measured over, default `3`.	3
InpAtrPeriod	D1 ATR period (Wilder) used to normalise the distance. Daily ATR length behind the distance column, default `14`.	14
InpHoldLookback	Maximum days counted in the DAYS-held column. Cap on the days-held count, default `20`.	20
InpMergeSunday	Fold the short Sunday bar forward into Monday. Folds a short Sunday bar forward into Monday, default `true`.	on
InpScaleAtr	Distance in ATR at which a row colour saturates. ATR distance where row colour saturates, default `1.50`.	1.50
InpRefreshSec	Minimum seconds between two full table refreshes. Minimum seconds between two full refreshes, default `2`.	2

Core settings: Table geometry

Setting	What it does	Default
InpX	Panel X offset (px). Table horizontal offset, default `12`.	12
InpY	Panel Y offset (px) – clears the one-click panel. Table vertical offset, default `120` so it clears the trade panel.	120
InpCellH	Row height (px).	20
InpMaxRows	Cap on how many symbol rows are drawn. Cap on how many symbol rows are drawn, default `16`.	16

Display settings

Setting	What it does	Default
InpCorner	Panel corner (0=UL 1=UR 2=LL 3=LR). Table corner, default `0` for upper left.	0
InpFontSize	Table font size.	9
InpFont	Table font (monospaced keeps the columns square).	Consolas
InpPanelBg	Panel background colour.	RGB 10,20,24
InpBorderColor	Panel border colour.	dark turquoise
InpHeaderBg	Header cell background.	RGB 24,44,50
InpFlatBg	Neutral row background.	RGB 40,46,54
InpUpBg	Saturated up-trend row background.	RGB 0,132,84
InpDownBg	Saturated down-trend row background.	RGB 160,36,52
InpTextColor	Header and label text colour.	gainsboro
InpValueColor	Cell value text colour.	white
InpUpColor	UP state text colour.	medium spring green
InpDownColor	DOWN state text colour.	tomato

Alert settings

Setting	What it does	Default
EnableAlerts	Master alert switch. Master switch over the state-flip alerts, default `true`.	on
EnablePopup	Terminal popup alert. Terminal dialog when a state flips, default `true`.	on
EnablePushNotify	Push notification to the MetaQuotes ID. Mobile push when a state flips, default `false`.	off
EnableEmail	E-mail alert (Tools > Options > Email). Mail delivery when a state flips, default `false`.	off
EnableSound	Play a sound file when a state flips. Sound playback when a state flips, default `false`.	off
SoundFile	Sound file in the terminal Sounds folder. Wav file the state-flip alert plays, default `alert.wav`.	alert.wav

Settings that fit your chart

Every figure comes from the daily series, so the chart timeframe changes nothing. EURUSD H1 is the reference chart, and the table reads identically from M5. What matters is the symbol list. The seven majors in `InpSymbols` give a broad view of dollar direction at a glance.

When the Daily Dynamic Trend Multi Currency v4 Indicator fails

A daily EMA plus a three-day slope is a blunt classifier. It will call a direction inside a range.

The days-held count stops at `InpHoldLookback`, so a long trend reads the same as a very long one.

Rows depend on downloaded daily history, and a fresh terminal shows dots until it arrives.

Copy the compiled Daily Dynamic Trend Multi Currency v4 Indicator file into your MQL4/Indicators folder, and the MT5 build into MQL5/Indicators, then restart the terminal and drag it onto a chart. The step-by-step guide with screenshots is at how to install MT4 and MT5 indicators.

Related on forexmt4systems.com: Heikin Ashi Trend Strategy.

Background reading on the method behind the Daily Dynamic Trend Multi Currency v4 Indicator: Hard currency on Wikipedia, High Low Index at StockCharts ChartSchool.

Download the Daily Dynamic Trend Multi Currency v4 Indicator for MT4 and MT5

The zip holds the compiled Daily Dynamic Trend Multi Currency v4 Indicator build for MT4 and MT5, plus a short README. Compiled files only, no source. Enter your email below and the download link arrives in your inbox.

FAQ

When does InpSlopeBars make a row read FLAT?

Disagreement between price and slope. UP needs the close above the daily average and `InpSlopeBars` `3` showing a non-negative slope. DOWN needs both pointing the other way. When the two disagree the row says FLAT, which is the honest answer rather than a forced call.

Why does InpAtrPeriod scale the distance column?

So symbols compare. A 200 point move means one thing on a yen pair and another on gold. The code divides the gap from the daily average by ATR at `InpAtrPeriod` `14`. That puts every row on one scale, which is the only way a screen can rank eight instruments.

What does InpMergeSunday fix?

The short Sunday bar many brokers open. Left alone, a Monday row would compare a full day against a two-hour stub and report a nonsense change. With `InpMergeSunday` on, the code folds that stub forward into Monday before it calculates anything.

How does InpSuffix handle broker naming?

It is blank by default, because the code works the suffix out itself from the chart symbol name. The code then probes each requested symbol with and without it. That is how EURUSD.r, EURUSDm and EURUSD_i all resolve without you typing anything.

Are results guaranteed?

No. Trading involves risk. Results are not guaranteed; past performance is not indicative of future results. Use the Daily Dynamic Trend Multi Currency v4 Indicator as one input. Always backtest before trading live.