Market / MetaTrader 5 / Indicators /

TrendAccess

129 USD

Demo downloaded: 50

Published: 12 March 2021

Current version: 1.5

TrendAccess

Indicators
Robert Hess
Version: 1.5
Updated: 9 July 2021
Activations: 5

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.

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Version 1.5 2021.07.09

New Features:
- Added a draggable vertical line, with which you can set the beginning of the trend calculation
- Added a trend counter that will show you the number of each correction in the actual trend
- Added the option to choose between 3 different break modes (to define how and when the trend is broken or breaks through point 2)

Version 1.4 2021.04.25

- Optimization of some processes, to reduce CPU usage

Version 1.3 2021.04.22

- Changed properties appearance
- Added "Calculation Mode" Switch
- Added "Candle Based" calculation
- Added Candle Based calculation parameters
-> Sensitivity
-> Trend break recalculation
- Added MACD parameters
-> slow EMA
-> fast EMA
-> MACD Shift
- several bug fixes
- removed second trend indicator

Version 1.2 2021.03.16

Improvements for Trend calculation

Version 1.1 2021.03.13

Removed "Arrow Width" setting, because it was not used.