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Indicators: ASCtrend_HTF_Signal

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Automated-Trading
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Automated-Trading 2012.01.10 15:20 

ASCtrend_HTF_Signal:

ASCtrend_HTF_Signal shows a trend direction or a signal for performing a deal generated by ASCtrend indicator as a graphic object with colored trend indication or deal direction.

Author: Nikolay Kositsin

In case there is no entry signal at the current bar, the indicator alerts by the filled triangle, the color of which corresponds to a trend direction:

ASCtrend_HTF_Signal. Trend continuation signal

In case there is an entry signal at the current bar, the indicator alerts by the arrow, color and direction of which correspond to a performed deal direction:

ASCtrend_HTF_Signal. Short position alert

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