Visual Trend Indicator:
Visual multi-timeframe trend indicator.
Author: JAN OPOCENSKY
why you need to use MA100 for this program
You do not need to.
Chose another period.
the theory says that you should take trades only when there is the same color on all TF.
All red means wait for a signal to SELL and all green means wait for the signal to BUY.
But be extremely carreful nothing is 100% sure in markets.
It is better to combine indicators with candlestick patterns and levels than to use them solely.
I think there is no "correct" timeframe for any market (symbol, instrument).
The timeframe should fit your personality, your strategy.
Thanks for this indicator. I'm testing it with my other indicators and it seems to play nicely with them!
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