MarkovAlert

"The indicator mathematically detects the market regime: trend up, trend down, or range. When the market regime changes, the indicator triggers both visual and audio alerts. It also provides the statistical probability of whether the market will remain in the current regime or switch to a new one.


If you trade on lower timeframes, it is recommended to set BullThresholdPct / BearThresholdPct to values between 0.1 and 0.3. For timeframes higher than M15, the BullThresholdPct / BearThresholdPct parameters should be set within the 0.3 to 1.5 range.


This indicator is highly useful for discretionary trading."

  • Past performance does not guarantee future performance.

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