Trend trading indicator.

Another attempt to predict the trend's mood, an indicator with a fairly large number of indicators that allow you not only to receive entry signals, but also to set stop orders.

The trend-following indicator alerts traders to trend changes, allowing them to successfully open new trades or close existing ones in a timely manner.

Its operation covers three time frames simultaneously, allowing for more comprehensive monitoring of the current situation.

Download the trend trading indicator

. This is a rather interesting tool, essentially an analogue of the Parabolic SAR, but with more advanced functionality. Thanks to this, you can:

• Enable or disable the sound signal notifying about a trend change.
• Set the number of time intervals on which the script will run.
• Change the indicator step.
• Set the Maximum value.

When working, two arrows appear on the screen - a red arrow pointing down is a sell signal, and a green arrow pointing up is a buy signal.

Also in the upper left corner of the screen is a decoding of the colors, respectively, the time frame in minutes.

There's no need to explain how to use the trend-following indicator. Just download it, install it, configure the number of timeframes and dot colors, get a signal, and open a trade.

Don't forget to check the signals ; the indicator generated a few false signals during testing.