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BaseTrend

BaseTrend indicator works in any market and on any currency pair. This indicator shows the movement in a trend. For intraday and medium-term trading.

On the M30 timeframe with the settings period = 1200, it shows trends, which usually last for 2-3 weeks. Thus, we know where the price moves during this period. Then everything is simple,

use parameters 1200 or 2100 to work on M1 or M5. These are waves within a day or for 1-2 days. On them you can trade in the direction of the main global trend.

In total, a positive mathematical expectation is obtained.

If you have a small spread, then it is possible to trade on M1 with a period of 480, the indicator will describe movements for a couple of hours.


Anyway. This indicator perfectly describes any long movement of markets. You can use it in conjunction with https://www.mql5.com/en/market/product/43252, which is a great video on M1 sales.
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