Genius Trend Monitor
Genius Trend Monitor is an indicator that monitors the market trend and keep users at alert with the trend direction subsequent change in Trends.
It has five stages of alert:
- When the trend is up - Buy immediately as the alert triggers.
- When the trend is down - Sell immediately as the alert triggers.
- When the alert is neutral - A good time to do nothing.
- Neutral with bullish formation detected - Get ready to buy on confirmation of bullish trend.
- Neutral with bearish formation detected - Get ready to sell on confirmation of bearish trend.
Works best on shorter time frames, preferably, M30.
The values for the MAs used are inbuilt, and can be changed by editing the MA_long, MA_Mid, and MA_Short to suite the trader's system of trading.
- MA_Long -> Longer term MA
- MA_Mid -> Medium term MA
- MA_Short -> Short term MA