The indicator determines the trend and its direction. At the same time, it shows
the oversold and overbought zones. Thus, it determines the most profitable
places to open a position. The indicator can be used as a filter and complement
to any strategy. It can also be used as an independent tool.
Advantages
- The indicator does not redraw the values.
- Works on all available tools.
- Works on all periods.
- It has a minimum of settings.
- The ability to use it as a primary and auxiliary indicator.
TrendCalculationParameter - The number of bars to determine the trend.
Parameters
RollbackDepth - Setting the deviation depth.
DepthPeriod - Setting the deviation period.
NumberOfBarsToDraw - Time from drawing the indicator in bars.
