In version 1.1,  an arrow on the price will show up when a new trend is detected. 

Illustrated is AUDUSD 4-hr timeframe with indicator option set at

i.  lower sensitivity

ii.  much stronger filter

You can see there is a long uptrend detected starting on Oct 5, 2020 at 0.7272 till now.   

Yes, this indicator can help you find big trends apart from day trading.

Hello @Siu Keung Tse,

it is like you read my mind :) 

I just saw you made a version by adding arrow when new trend is detected.

Thank you, for such a nice indicator. 

I did not add it in the 1st version because I was afraid of too much information on the chart.  But after a second thought, I think it would be good to add it as a reference. 

If a new trend was detected JUST AFTER the price hit the support/resistance line, it means a breakthrough occurred and might be a good chance to follow through.    Moreover, each forex pair has its own characteristics, and some might not pull back all the way to the support/resistance line after new trend is detected.

Hope you enjoy using this indicator.    

Agree. Arrows are not needed. They may be misleading sometimes. 

Yes.  Because the prime time of entry is the moment support/resistance is hit.  Might be I will make the option of hiding the Arrows of trends change in the next version.

Hello @Siu Keung Tse

Could you confirm all the buffers for icustom call please .

Direction seems to be buffer #7, but confirm that one as well.

Thank you

I just paid someone to code it and I did not own the source code.   But let me check and see what I can do for you.

Below ones in product description is giving a clue for the buffer # I am looking for :

Thank you for your interest in the indicator and I've discussed with the one who coded it.  Buffer #7 is the direction as you said, +1 means trend up and -1 means trend down.  But this buffer seems to be redundant as the existance of either support or resistance line already told the trend is either up or down.  My original focus is the dynamic SR line and the dedicated range.  Other informations is just further remarks and for illustration purpose only.

Dear Aravind,

EURUSD 30Min (Median, Fair, General Analysis)

USDJPY H4   (Lower , Stronger, Aggressive)

 

GBPUSD H1  Median, Fair,  General Analysis

As illustrated above, this indicator give you a clear idea on the price trends.   Adjustment of parameter is straightforward.