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Published:

13 October 2011, 18:30

Updated:

22 November 2016, 07:32

watr.mq5 (12.74 KB) view

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Simple trend indicator that clearly shows direction of a current trend. May be used in breakout trading systems. Signal colored dots are added to show changes of a trend direction in this version of the indicator.

This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 05.03.2007.

WATR

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/483

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