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TrendDetect

The Trend Detect indicator combines the features of both trend indicators and oscillators.

This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels.

A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below.

A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above.

An opposite signal of the indicator can be used for exiting positions.

Use a small stop loss, as the indicator can suddenly change its color and direction.

The Inputs tab of the indicator allows to choose the indicator period, as well as one of the four moving averages (Simple, Exponential, Smoothed, Linear weighted).

The Parameters tab allows to select one of the seven price types to apply the indicator to (Close, Open, High, Low, Median, Typical, Weighted).

The Colors tab allows to choose the color, width and line style of the indicator.


Parameters

  • Period - number of bars used for the indicator calculations;
  • Method - select from the four Moving Averages;
  • Apply to - select from seven types of applied price.
Reviews 2
sunnychow
8619
sunnychow 2018.12.14 17:06 
 

Thanks for share

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Smart Trend Line Alert , available for MT5 is a unique professional Trend Line, Support Line and Resistance Line Touch and Break out Alert with awesome Alert History feature, designed to help traders easily manage many charts and symbols without staring at the monitor. Features Candle Break Out Alert, Price Touch Alert and Time Line Alert; 1 click for converting any drawn line into an alert line (Trend line and Horizontal line or Trend Line By Angle); Alerts History able to re-open closed char
31.75 USD
Fx Levels Indicator for MT5
Renaud Candel
FX Levels Premium is a must to trade Forex. The indicator will give you all important levels (support/resistance) to watch for a wide range of assets. Trading without these levels on your chart is like driving a car for a long journey without a roadmap. You would be confused and blind. Support and resistance levels should be used as guideline to figure out possible turning points and targets. The levels are entry and exit points for your trades. The indicator draws these levels analyzing the H1,
123 USD
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[Deleted] 2019.01.07 17:53 
 

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sunnychow
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sunnychow 2018.12.14 17:06 
 

Thanks for share

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