Avarage Trend MT5
The main aim of this indicator lies in determining entry points.
In spite of apparent simplicity of the indicator, it has complicated analytic algorithms which determine entry points.
The indicator generates exact and timely entry signals which appear on the current candle.
- Red Line: shows the trend of the average Trend.
- Arrow Orange: Open Buy trade.
- Arrow Blue: Open Sell trade.
The indicator is very easy to use. Open Buy trade when you see an up arrow. Open Sell trade when you see a down arrow.
The indicator does not repaint its values. Arrows always stay where they have appeared.
- period - indicator period
- cbars - Number of bars (in direction from the start bar to the back one) on which the search is carried out. = 52 bars.