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Simple Trend Info

49.99 USD

Demo downloaded: 344

Published: 14 April 2017

Current version: 1.1

Simple Trend Info

Name: Simple Trend Info
Price: 49.99 USD
Rating: 5 (1 reviews)
Author: Richard Waweru

Indicators
Richard Waweru
Version: 1.1
Updated: 27 November 2021
Activations: 5

According to experts, trading against the trend is said to be hazardous, and perhaps sometimes it is a mistake that we easily make. Simple Trend Info is designed to display the trend of an asset class on different time frames and assists in minimizing trading against the trend. It uses the conventional moving averages to determine whether the trend is bullish or bearish and displays the trend on the screen. The time frames are limited to 5 options and you can adjust them as per your needs. The default time frames are:

Weekly
Daily
H4
H1 and
30 Mins

Input Parameters

ID (For loading multiple instances of the indicator)
Vertical Shift
Horizontal Shift
Enter Symbol
Display Symbol. Leave blank to select current symbol.
Fast Moving Average Period
Applied Price
MA Method
Slow Moving Average Period
Applied Price
MA Method
First Time Frame
Second Time Frame
Third Time Frame
Fourth Time Frame
Fifth Time Frame
Buy Color
Sell Color
Font Type
Font Size
Line Spacing

How it works

When the fast MA is above the slow MA, the trend is bullish. And when the fast MA is below the slow MA, the trend is bearish. Set the moving averages to the desired parameters (Period, applied price and MA method) and let the indicator determine if the trend is bullish or bearish. It will then display the trend of the asset class based on five time frames, which can be customized as one finds suit.

When loading the indicator on the chart, leave the ID to 0. If you would like to load multiple indicators on the chart you will have to set a unique ID for each indicator. Otherwise, it will overwrite a previous one that has the same ID.

The vertical shift is set to default 110 and the horizontal shift is set to default 8. If you would like to add an extra indicator that displays a different symbol, the difference in the vertical distance should be 100 by default and the horizontal should be 160 by default. Thus, the second indicator should have a vertical shift of 210 and a horizontal distance of 8. Or a vertical shift of 110 and a horizontal distance of 168.

The display of the indicator can be customized based on color (bullish color and bearish color), font type, font size and line spacing.

more...

572

Roger 2021.03.31 14:04 #

I can't live without it.

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572

Roger 2021.03.31 14:04 #

I can't live without it.

1529

pnutfx503 2017.12.07 06:39 #

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