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it depends on channels and moving average in sketching the chart in two colors the default colors are gold and light blue to highlight the area of downtrend and the area of uptrend TO ADJUST THE INDICATOR YOU CAN CHNGE THE FOLLOWING: 1- the look back period which affects the length of the moving average 2- the multiplier which affects the point of swing in the trend 3- the channel shift which affects how close the line is moving to the price the default settings are the best for the
it depends on ATR period to get swing points to help make better trading decisions blue dot and red dot is the default color scheme of course you can change it later if you'd like you can change the following : ATR PERIOD sending notifications number of times to send notifications sending notifications to your smart phone that's it very simple to use just drag and drop and follow the trend
i just posted a product and i appreciate a positive review
https://www.mql5.com/en/market/product/93252
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