Mono Trend
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Perhaps, trend indicators can be called the main ones, since classical trading involves the search for trends.
Too many classics of trading in financial markets have developed their systems specifically to search for market trends.
This indicator embodies the implementation of a trend indicator. Which captures a certain direction of change in quotes. The trend can be
upward and downward. With an uptrend, the price rises, and with a downtrend, respectively, falls.
Benefits.
- Allows you to determine the current trend. With the help of the indicator, you can quickly enough understand which particular trend is currently developing in the market;
- The indicator can be used along with oscillators as filters;
- Flexible indicator settings allow you to receive more accurate signals for opening positions.
