Technical Indicators for MetaTrader 5

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MetaTrader 5

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Information

Indicators
MetaTrader 4
Shao Chen
1.0
5

Overview

This is a trend-tracking indicator that determines the change in trend through changes in color.

It can capture the big trend market and assist trend traders to enter and hold positions.

A small rebound in the market will be filtered until the end of the trend.

In the turbulent market, the horizontal line in the indicator can also be used as a support or pressure reference.

More EA&Indicators click here https://www.mql5.com/en/users/chenshaofei/seller

parameter

  • Period - indicator period (large stability, small sensitivity)

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