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Trend Highlight

Introduction and Description

Colored candlesticks showing the trend based on two moving averages and the slope of the slow moving average. A trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as a trend, while contrarians seek to identify reversals or trade against the trend. Uptrends and downtrends occur in all markets, such as stocks, bonds, and futures. Trends also occur in data, such as when monthly economic data rises or falls from month to month.

The color can be selected in the inputs.


Other products

Stochastica Martingale Trader: EA based on the Martingale system and technical indicators already existing on MetaTrader4. Beware, as with any system based on Martingale, this EA, can blow up an account if it is not monitored enough.

Miqas High Frequency Scalper: scalping robot trader. Indeed, it focuses mainly on the use of mathematical principles of high frequency trading (HFT). This means sending a large number of orders to meet profit targets. Of course, traditional rules of risk management are applied in a very strict manner.


Contact

Any contact can be made using MQL Market DMs. Commercial partnerships as well. Account management services are also available.


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ArthurMcCain 2022.08.16 16:15 
 

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