chandelier-stop-mt4-indicator
The main function of this indicator is to show you when to exit ( with PROFIT) your trades.

Download: chandelierstops_v1.ex4 ( right click - SAVE AS...) to your mt4/experts/indicators

Free indicator that can be used:
-  to exit your trades on time with profit ( when line goes horizontal more than 3-4 bars )
-  to identify a sideway trend (line goes horizontal) - stay away from trading!
-  or you can use the indicator to help you trading ( open a new trade on a trend change = color change)

Source: Available for free on some Forex sources

Kind regards

Karl Dittmann