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Trend Finder {Darkoexe}

19 400
This indicator displays the end and start of trends using an ATR factor.


The ATR with trend factor is used to determine the minimum length for a trend to be considered a trend.

The ATR against trend factor is used to determine the minimum length price needs to move against a trend for it to break the trend.

The ATR factors are multiplied with the ATR to determine these lengths.


The labels indicate the starts and ends of trends;

The green label indicates the start of an up trend.

The red label indicates the start of a down trend.

The black/gray label indicates the start of a trend and the end of another trend at the same location.

The purple/pink label indicates the end of a trend.

All the label colors can be changed.


IMPORTANT NOTE: This is a repainting indicator, it should only be used to back test and analyze previous trends. Do not use this indicator for live trading.

면책사항

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