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RFX Trend Follower

RFX Trend Follower predicts the start and end of a trend in the market. The indicator eliminates the noise in the market and visualize the current trend. The indicator can be used on any time frame of interest. It is designed to help traders to make better decisions for both entries and exits. The input settings of the indicator are flexible and the trader can set up to which percentage of change in the market they prefer the indicator to filter.

Input Settings

  • Period (min. 10): A positive integer number that indicates the period of moving average of the indicator (minimum period is 10).
  • Applied Price: The type of price for the calculation (default is Close).
  • Min Change Rate (%): A positive integer number that indicates the percentage change in the market that the trader wants to filter.
  • Show Alert?: If it is set to true, when a trend change is recognized, an alert will be displayed on the pop-up alert window.
  • Send Mobile Notification?: If it is set to true, when a trend change is recognized, the user will receive a push notification on his/her mobile phone.
  • Send Email?: If it is set to true, when a trend change is recognized, the user will receive a push notification on his/her email address.
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Version 1.11 2018.04.16
- A new buffer added as base line (yellow color by default).
- Max Look Back Bars input has been removed. In this version the indicator calculate the Trend Follower's values over all available bars.
- Bug fixes.