Monday, December 9, 2019

Trend Expert

Trend Expert


This indicator is a trend. Its main purpose - as quickly as possible to identify the trend of prices
and as accurately as possible to follow it until it ends. current direction
prices characterized by color indicator. The basis of the indicators laid theory
Dow Jones
, according to which the prices in the financial markets move directionally,
and the upward trend is characterized by the excess of each subsequent
minimum / maximum of the previous minimum / maximum, and descending - down
each subsequent high / low in relation to the previous
maximum / minimum.


Thus, the main advantages for the trader are:



  • lack of
    any external parameters
    . The user does not need to delve into the specifics
    indicator. After a huge amount of optimization and testing processes
    We were picked up by the most appropriate indicator parameters for finding extrema
    and created three modes: scalping,
    medium-term trend and long-term
    trend.


    • scalping mode (short-term trend) must
      used by traders, trading on the M1-M5, and putting
      stop orders profit / loss of not more than 20 points (4 digits). This mode
      certain situations also pinpoints and medium-term (intraday)
      trend (>100 points). Recommendation for a short take profit only
      It suggests that in this case, the majority of transactions (>90%), a statistically
      will be profitable.

    • medium-term trend mode (intraday trend) must
      used by traders, trading on the M5-M15, and putting
      target profit / loss of 20 to 50 points (4 digits).

    • long-term trend mode must
      used to confirm trends in the H1-D1. In this
      Mode profit target >100 points (4 digits).


  • calculation function
    Extrema takes into account the volatility
    Tool that provides the most accurate determination of the trend at
    high volatility.

  • The indicator does not clutter the graph. current
    the trend is characterized by the color chart candles, respectively,
    a trader can use an additional set of other indicators.

  • The indicator is not redrawn even on the zero bar.
    If the indicator changed color (changed trend direction), then the next shift
    the trend is only possible if the stop loss is triggered. A stop order
    calculated according to a specific algorithm that takes into account the current volatility.

  • Automatically built equidistant channel, which shows the current direction of trends and best approximates
    the current trend. The channel is always directed only in the direction of the trend, and can be used to determine points
    opening / closing position.

  • For the purposes of risk management, the chart always shows
    stop loss line
    . The indicator always shows a definite
    signal (BUY or SELL), trend change is possible only when the level stop loss.

  • The indicator has a very flexible settings visualization.


This indicator is the result of more than five years' programming experience and practical trading on the currency market. The idea forming the basis of this indicator, in practice it has proved its effectiveness and efficiency.


Trend Expert

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