Multi Time Frame Trend Analyser
INDICATOR TO SHOW THE TOPS AND BOTTOMS OF THE MARKETS.
Graphical Analyses - for 6 time frames and bars ranges (customizable).
The 6-time frames can be set to requirement.
Professional tool for getting a graphic display of the complete market trends.
The Indicator helps in simple and effective ways to see what each time frame is doing - bullish or bearish.
The trader just needs to know about this and he is well equipped to take a high probability trade.
When all the higher time frames have turned bullish means it is highly overbought and then there is the best possibility of selling at TOPS.
THE indicator- CAN SHOW tops and bottoms of markets.
Multi Time Frame Settings (Period Of Time and Bars to DISPLAY the trend) - Adjust as per requirement.
- p2 = 5;
- p3 = 10;
- p4 = 15;
- p5 = 30;
- p6 = 50;
- p7 = 70;
- width = 4; - Thickness of the Trend Lines/ranges for the Multi Timeframe Trends display.
- vectors = True; - Enable display as Trend Lines, FALSE- enables display as Rectangle Boxes.
- SoundEntry = "alert.wav"; - ALERT sound - when a REVERSAL TREND IS FORMED.
- SoundClose = "news.wav"; - ALERT sound - when a REVERSAL TREND IS OVER.