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- Published:
- 2018.04.18 17:23
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A trend state indicator. It is a signal modification of the trend indicator of the same name.
It has only one input parameter:
- Period - indicator calculation period.
The indicator displays color marks on a chart indicating the trend state. Six types of marks are possible:
- Strongly up - a strong uptrend;
- Up - an uptrend;
- Uncertainly up - an uncertain uptrend (rollback/consolidation after an uptrend);
- Strongly down - a strong downtrend;
- Down - a downtrend;
- Uncertainly down - an uncertain downtrend (rollback/consolidation after an uptrend).
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20219

The indicator displays the ratio of two LSMAs.

Linear regression line (LSMA) - a moving average calculated by the linear regression method.

A signal indicator for opening/closing positions.

Stochastic on the price chart.