Moving Average AF
- Indicators
- Version: 1.5
Trend Tracking Indicator
An indicator based on a moving average with dynamic color changes, designed to assist in monitoring price direction and identifying potential changes in trend behavior.
Initial studies were conducted on the M5 and M15 timeframes. However, the indicator can also be tested and used on other timeframes according to each user's methodology and analytical objectives.
When the indicator confirms a change in the line to green, users can monitor the relevant price regions and conduct additional studies using their own analytical tools. These regions can be evaluated to identify possible trend continuation or changes in price behavior.
The same principle applies when the line changes to red. The color change represents a condition for market monitoring and analysis, and may assist in identifying potential changes in price direction.
The objective of the system is to provide a visual tool for trend tracking and monitoring price behavior, allowing each user to apply the indicator according to their own analytical methodology.
Important: Color changes should be used as references for study and monitoring, not as automatic entry triggers or as a guarantee of a particular price movement. Each user should conduct their own analysis and validate the information provided by the system.
The timing of a signal depends on various market factors. Therefore, the period may extend for several days without any change in the indicator’s colors.
