Trend Magic Indicator free
The Trend Magic Indicator shows the direction of a trend and indicates when it changes. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend.
The indicator is the trigger for the Trend Magic Expert.
- Counter: number of bars used for calculation
- PowerSet: shows how near to the bars the trigger dots are placed
- DotSize: size of the shown dots
The colors of the dots can be changed.
Difference from the paid version
This is a free version, it works in every chart. The paid version Trend Magic Alarm informs with a sound and a popup window when the trend direction changes, as shown in the picture below.