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Colored Trend Bars

Colored Trend Bars indicator is a trend indicator working with a set of algorithms and a set of indicators. Trend finds trends by using many factors while you are there. This indicator has 4 mode features. Mode 1 represents short-term trends. Mode 2 represents medium to short term trends. Mode 3 represents medium to long term trends. Mode 4 represents long term trends.

Easy to use and simple indicator. The user can easily understand the trends. This indicator has 3 trend features. Up trend, down trend and neutral features. The user can use this indicator alone and in conjunction with other indicators appropriate to his strategy.


Features

  • This indicator has 4 mode features.
  • Mode 1, short-term trend. Mode 2, medium short-term trend. Mode 3, medium long term trend. Mode 4, long-term trend.
  • Up trend: Blue color is set up trend.
  • Down trend: Pink color is set to down trend.
  • Neutral: gray color is set to neutral. This color is not trend.


Parameters

  • Mode - Mode 1, short-term trend. Mode 2, medium short-term trend. Mode 3, medium long term trend. Mode 4, long-term trend.
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