Description:
TrendAccess can optimize your trading time by showing you the trend via two different calculation modes quick and easy.
No more searching for Trends. Just open the chart and look at the trend display.
Features:
- Shows Uptrend, Downtrend and "No Trend" indicator
- Shows the calculated ZigZag Profile
- Works on all timeframes
- Two different calculation Modes (MACD and Candle-based calculation)
Settings:
Variable
Standard Value Description
Calculation Mode
Candle based
Choose between candle-based and MACD calculation mode (you can see the differences in the ZigZag profile)
Calculation History
500
Enter the desired history in bars for the calculation
ZigZag
Show ZigZag
true
ZigZag on/off
ZigZag Width
1
Width of the ZigZag lines
ZigZag Color
SlateGrey
ZigZag line color
Candle based settings
Sensitivity (Bars)
8 Enter the amount of candles that should appear, after the correction is valid
Recalculate Trend after break
true After a trend break, the new trend should be recalculated from the last high or low
MACD based settings
fast EMA
12 MACD fast EMA value
slow EMA
26 MACD slow EMA value
MACD shift
10 MACD shift value
Trend display
Corner
Right upper corner Corner of the Trend indicator Trend Label Color
Black
Trend label color
Arrow Uptrend Color
ForestGreen
Color of Uptrend arrow
Arrow Downtrend Color
Tomato
Color of Downtrend arrow
Arrow No Trend Color
YellowGreen
Color of sideways-Trend arrow
Support:
The indicator is constantly being developed and improved.
Please do not hesitate to contact me via the MQL5 Platform. I am very grateful about any Bug report, so that i can constantly improve the indicator.
