Trend Detector Monitor

It's a very convenient and easy to use indicator, as well as powerful and accurate. It detects and visually displays the start of a new trend. It is presented in a two-color bar chart: one for the start of an uptrend and one for the start of a downtrend. The indicator only requires the number of bars to look at for its calculation.

Calculation.

a) The indicator compares the current candlestick close with the high or low of the previous candle group. If it's higher than the high, it indicates an uptrend; if it's lower than the low, it indicates a downtrend.

b) The indicator compares the previous open with the high or low of the subsequent candlestick group. If it's higher than the high, it indicates a downtrend; if it's lower than the low, it indicates an uptrend.

Features:

  The PERIOD parameter is the number of candlesticks  for the calculation.

  It has the option to activate the new trend alert with an alert control.

  For any time frame.

  By default, it uses the color aqua for the start uptrend, and red for the start downtrend.

Blue controls.

 Associated with the PERIOD parameter.

Alert Control.

 Allows you to activate/deactivate the alert of new trend. It turns Yellow when activated. 

 Alerts are of two types: 1) Possible new trend. 2) New trend detected.

Indicator adjustment.

 For the indicator to be useful, it is necessary to adjust it to the price, modifying it with the controls until it does not show bar changes in the sections of interest. Once established, it will be set in the PERIOD parameter box. 


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Contact email: fve2022@hotmail.com 

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Fork 4
Francisco De A Vilar Enriquez
The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference. Very suitable for price action. It consists of four components. 1. Fork.     There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level.  Its amplitude is indicated in pips in the indicator data.  The minimum fork is updated with each tick. It has
Basic Fork
Francisco De A Vilar Enriquez
Very useful indicator, you won't be able to be without it. Essential for scalping. It shows rebound levels, top and bottom, forming a fork that surrounds the price. Each level has two blue controls associated to change it, has one green control for rebound mode: High/Low or Open/Close, and has a red breakage alert control. Features:  -T wo independent modes of operation: High/Low, Open/Close.  -When one level is broken it shows the next one in the same direction.  -The levels closest to the pric
The Oscillometer5
Francisco De A Vilar Enriquez
It is a new indicator that frames the price movement and tracks it. It consists of   oscillation channel   and its   center line   CL . For its calculation it is only necessary to introduce the   amplitude   of the channel. Because of this, it is a   non-lagging   indicator as it is not calculated based on a number of previous candlesticks. It removes any level of   noise , showing the underlying price movement cleanly via the   center line . It allows you to easily identify the   beginnings   a
Fork 5
Francisco De A Vilar Enriquez
The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference.  Very suitable for price action. It consists of four components. 1. Fork.     There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level.  Its amplitude is indicated in pips in the indicator data.  The minimum fork is updated with each tick. It has
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