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VATrendCloud MT5

The trend indicator shows the trend on the current time interval. The indicator takes into account the volatility of the currency pair, so it can be used to determine where to set order "stop loss".


Parameters

  • Period - Period (amount of bars) for indicator calculation;
  • The lower limit of the cloud - lower boundary of the cloud. Factor affecting the distance of the cloud boundaries from the price.;
  • The upper limit of the cloud - Top boundary of the cloud. Factor affecting the distance of the cloud boundaries from the price. ;
  • Show Price Label - toggles the display of the price label.

Note: the parameter Value 'The lower limit of the cloud' must be smaller than the value of 'The upper limit of the cloud'.


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