Relative Trend Bias
The Relative Trend Bias indicator is a simple indicator that helps you identify the current directional movement bias of a financial instrument based on the number of bars specified.
- Helps you identify the current trend based on a bar period of your choice
- Shows you level "safety zones" for reversals
- Shows you when the trade bias changes while the indicator is active on the chart
- Indicator is forward facing. It does not backdraw/backpaint but it can be tested on the indicator strategy tester.
- V1.1 Update: Trend Bias Change Alert Capability - Terminal and Email
Quick Introduction(Video)
http://www.youtube.com/watch?v=_IS1noYyPnQ
Trend Bias Transition Markers - Know when the trend bias changes
