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Trend Points MT5

30 USD

Demo downloaded: 41

Published: 20 May 2016

Current version: 1.1

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Trend Points MT5

Indicators
Andrey Frolov
Andrey Frolov
Trader at Roboforex

Russia

4327
4.2 (4)
10 products 1 comment
Version: 1.1
Updated: 13 December 2021
Activations: 5

The indicator displays points showing a symbol trend.

Bullish (blue) points mean buy signals. Bearish (red) points mean sell signals.

I recommend using the indicator in conjunction with others. Timeframe: M30 and higher.

Simple strategy:

Buy if there are two blue points on the chart.

Sell if there are two red points on the chart.

Parameters

Trend points period - The main period of the indicator;
True range period - The auxiliary period of the indicator;
Points calculation method - Calculation method of trend direction (Simple, Exponential ...);
Applied price - Type of the price used to place the points (Open, Close, High ...).

more...

Screenshot #1 Trend Points MT5

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