TrendEdge Indicator
- Indikatoren
- Yuri Congia
- Version: 1.21
- Aktivierungen: 5
TrendEdge Indicator
Limited-time Special Opportunity:
Note: This offer is available solely to the first 10 purchasers. Don’t mis out on this one-of-a-kind chance!
Description:
TrendEdge is a powerful tool designed to identify trend reversal points in the financial market. This indicator provides crucial information about the position of the price relative to the slope angles, enabling traders to make informed decisions on the best time to buy or sell.
Advantages:
Precise Analysis:
TrendEdge uses a combination of moving averages to accurately calculate the trend direction and pinpoint critical reversal points.
Clear Signals:
With its clear and intuitive visual signals, traders can easily identify moments when the price is inclined for buying or selling.
Customization:
The indicator offers various customization options, including choice of color and position of angles, to suit individual trader preferences.
Logic Indicator:
1. Moving Averages:
- TrendEdge utilizes two types of moving averages: Simple Moving Average (SMA) and Smoothed Moving Average (SMMA). These moving averages are calculated based on the median price of the financial instrument.
- The indicator calculates a 26-period SMMA and a 20-period SMA to provide insights into the underlying trend direction.
2. Angle Calculation:
- Once the moving averages are calculated, the indicator determines the angle of the price movement relative to these averages.
- If the open price is below the calculated average and the close price is above it, the indicator identifies a rising angle. Conversely, if the open price is above the average and the close price is below it, the indicator identifies a falling angle.
3. Trend Reversal Points:
- TrendEdge identifies potential trend reversal points by analyzing the relationship between the price movement and the calculated angles.
- When the price crosses above a rising angle, it suggests a bullish trend reversal, indicating a potential buying opportunity.
- Conversely, when the price crosses below a falling angle, it suggests a bearish trend reversal, indicating a potential selling opportunity.
4. Visual Representation:
- The indicator visually represents these trend reversal points on the price chart, making it easy for traders to identify potential entry or exit points.
- It uses different colors for buy and sell signals, enhancing clarity and facilitating quick decision-making.
5. Customization and Alerts:
- TrendEdge offers customization options such as choosing the color scheme and position of the angles, allowing traders to tailor the indicator to their preferences.
- Traders can also enable or disable alerts to receive notifications when a potential trading opportunity arises, enhancing convenience and efficiency.
Recommended Brokers:
We strongly recommend using regulated brokers to ensure a safe and reliable trading environment.
We highly recommend brokers with low spreads and slippage.
Recommended VPS:
To ensure uninterrupted operation of your Expert Advisor or Indicator, we highly recommend using a Virtual Private Server (VPS) service. These services enable your algorithm to run 24/7, ensuring a stable connection and reduced latency. It’s a dependable choice for traders seeking quality VPS hosting based on compatibility with their broker.
Note: Prior to using any EA, it’s crucial to fully comprehend its logic, thoroughly test it on a demo account, and evaluate its performance for informed trading decisions. Trading carries inherent risks, and past results do not guarantee future outcomes. Ensure you understand the risks associated with trading before using any Expert Advisor.
