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Trend Tracker Helper
Easily track how the price moves in a separate indicator window with this trend indicator.
Great for scalping or long-term trading.
Helps you find best entry points for your trades after reaching a certain level, and easily identify where you can exit your trades.
This indicator can be used on all time frames and pairs.
Features alert function.
No need to set up the indicator.
How to use:
Simply attach to any chart.
NB: Look to the extreme zones (oversold/overbought) when looking for new trades. Make sure that the current time frame, as well as the 2 higher time frames align to these zones before attempting new trades, or use as you see fit for your strategy. E.g., Wait for line to reach the lower (for buy) or upper (for sell) extreme of the indicator window on for example H1, H4 and Daily before entering trades.
When the blue line crosses below the red line, it indicates buying opportunities.
When the red line crosses above the blue line, it indicates selling opportunities.
It helps to keep the audible alert set to true.
Zoom the chart out completely for more effective use of the indicator.
Use as you see fit for your strategy.
Best results on Major Pairs, but can also be used on other pairs.
Important to note:
Please do not use this indicator haphazardly. This is a helper for your strategy. Apply it as you see fit for your strategy.
Don't risk money you cannot afford to lose.
You use this indicator at your own risk. Please apply money management wisely.
Always test your strategy on a demo account before using a new indicator on a live account.
Issue in strategy tester fixed.
Indicator performance enhancement.
Trend filter enhancement.
Signal Input Enhancement.
Line colors updated.