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TrendFilter

This is a trend indicator

Adjusting the sensitivity, you can achieve generation of very accurate signals during trend reversal, eliminating correctional noises of flat market.

It can be alternatively used not only by traders preferring trend trading strategies, but also by those who want to gather smallest market fluctuations using scalping entries.

You can purchase the source file of this indicator.


Indicator input parameters:

  • inSens = 70 - sensitivity
  • inbKeyCOorHL = false - calculation by Close/Open - false, by Low/High - true
  • inDistLine = 5 - indent of lines from bars
  • inDistArrow = 10 - indent of arrows from bars
  • inPopUpAlert = false - notification about signals as alerts - true
  • inEmailAlert = false - notification about signals via E-Mail - true
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