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Trend Points MT5

The indicator displays points showing a symbol trend.

Bullish (blue) points mean buy signals. Bearish (red) points mean sell signals.

I recommend using the indicator in conjunction with others. Timeframe: M30 and higher.

Simple strategy:

Buy if there are two blue points on the chart.

Sell if there are two red points on the chart.


Parameters

  • Trend points period - The main period of the indicator;
  • True range period - The auxiliary period of the indicator;
  • Points calculation method - Calculation method of trend direction (Simple, Exponential ...);
  • Applied price - Type of the price used to place the points (Open, Close, High ...).
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What is KTrend indicator ? KTrend is a powerful indicator for trading medium-term binary options that identify the trend of price by candlesticks. Sell signal is formed when the value is below the zero line. Similarly, buy signal is formed when the value is above the zero line. It is separated from KTrend trading system and you can get the backtest result from the pictures below.
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Version 1.1 2021.12.13
Откорректированы настройки. Обновлен программный код.